#CEXvsDEX101 #CEXvsDEX101 Centralized Exchanges (CEX) like Binance or Coinbase act as intermediaries, offering fast trades, high liquidity, and user-friendly interfaces—but they control your funds. Decentralized Exchanges (DEX) like Uniswap or PancakeSwap run on smart contracts, giving users full custody of their assets and enabling permissionless trading, but often come with lower liquidity and slower speeds.

CEX is great for beginners and traders needing quick execution. DEX appeals to those prioritizing privacy and control.

Choose based on your goals: convenience or decentralization. Understanding both helps you navigate the crypto world smarter.