#CEXvsDEX101 When it comes to crypto trading, choosing between a centralized exchange (CEX) and a decentralized exchange (DEX) can make a big difference. CEXs like Binance offer high liquidity, fast transactions, and customer support, making them beginner-friendly. However, they require users to trust a third party with their funds. On the other hand, DEXs give users full control over their assets, with no intermediaries involved—just smart contracts and wallets. This improves privacy and decentralization but may result in lower liquidity and slower trades. Both have their pros and cons, so pick based on your priorities: control or convenience?