#CEXvsDEX101
Cryptocurrency can be traded on two types of platforms:
CEX (Centralized Exchange) and DEX (Decentralized Exchange).
A CEX like Binance or Coinbase is controlled by a company, where users register, complete KYC, and trade easily — similar to how a bank works.
A DEX like Uniswap or PancakeSwap runs on blockchain and lets users trade directly from their wallets without sharing personal info — giving them more control and privacy.
#crypto101
