#CEXvsDEX101

A Centralized Exchange (CEX), such as Binance or Coinbase, is run by a company that manages the platform. It’s user-friendly, making it great for beginners, but you don’t have full control over your funds. On the other hand, a Decentralized Exchange (DEX), like Uniswap or PancakeSwap, operates without a middleman—trades happen directly between users, and you retain full custody of your assets.

CEXs typically offer faster transactions and customer support, while DEXs prioritize privacy and user autonomy. Each has its trade-offs: CEXs are widely trusted, but DEXs appeal to those who value control. Understanding both helps you pick the best option for your trading needs. $LPT