#CEXvsDEX101 Centralized exchanges (CEX), such as Binance or OKX, offer simplicity, liquidity, and convenience for beginners. However, you trust your funds to a third party and do not always have full control.

Decentralized exchanges (DEX), like Uniswap or PancakeSwap, operate without intermediaries. You are the only one who controls your keys. This provides freedom but requires understanding how wallets and smart contracts work.

What to choose? It all depends on your goals and level of experience. But in 2025, a wise trader studies both types of platforms!