#CEXvsDEX101

CEXvsDEX101 – Understanding the difference between centralized exchanges (CEX) and decentralized exchanges (DEX) is an important step in the cryptocurrency investment journey. CEXs like Binance offer a user-friendly interface, high liquidity, customer support, and fast order matching. In contrast, DEXs like Uniswap operate without intermediaries, allowing you to maintain control over your wallet and assets. CEXs are suitable for beginners, while DEXs cater to those who prioritize privacy and decentralization. Each type has its own advantages and disadvantages – choosing the right platform will help you trade more safely and efficiently.