#CEXvsDEX101 Centralized exchanges (CEX) and decentralized exchanges (DEX) offer unique pros and cons. CEXs like Binance or Coinbase provide user-friendly interfaces, faster trades, and customer support, but require users to give up custody of their assets. DEXs, like Uniswap or PancakeSwap, operate without intermediaries, offering more privacy and control, but may have slower transactions and steeper learning curves. Your choice depends on your priorities—security and privacy vs. speed and ease. Both play crucial roles in the crypto ecosystem. Understanding the difference empowers smarter decisions in trading and investing. #cexvsdex101 #crypto #blockchain #web3 #decentralized #bitcoin #ethereum #defi #cryptotrading