#CEXvsDEX101

Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) offer distinct crypto trading experiences. CEXs like Binance or Coinbase are user-friendly, offer high liquidity, and support fiat, but require trust in a third party. DEXs like Uniswap or PancakeSwap prioritize privacy and control, letting users trade directly from their wallets without intermediaries. However, they may have lower liquidity and higher learning curves. CEXs are ideal for beginners; DEXs appeal to those valuing decentralization. Each has pros and cons—your choice depends on your priorities: convenience or control? Understanding both is key to navigating the crypto space confidently.