#CEXvsDEX101 ¿Do you know what the difference is between a CEX and a DEX?

A CEX (centralized exchange) is a platform like Binance or Coinbase. They are easy to use, with high liquidity, but your funds are held by third parties.

A DEX (decentralized exchange) like Uniswap or PancakeSwap allows you to trade without intermediaries. You have full control of your keys, but it can be more complex and have less liquidity.

Both have advantages and disadvantages. The important thing is to understand how they work and choose what aligns with your level of experience and goals.