#CEXvsDEX101 CEX (Centralized Exchange)

Examples: Binance, Coinbase

✅ Suitable for beginners

✅ Quick buying and selling process

✅ High liquidity

❗️Risk: Your assets are stored by a third party — what if something goes wrong? Be prepared to panic.

🔸 DEX (Decentralized Exchange)

Examples: Uniswap, PancakeSwap

✅ Assets fully belong to you

✅ No KYC, more anonymous

✅ Can access new altcoins & meme coins faster

❗️Risk: Requires more understanding, a wrong click can be costly.