#CEXvsDEX101
CEX vs DEX 101 explains the basic difference between Centralized and Decentralized Exchanges in crypto trading. CEXs, like Binance are managed by companies, require user verification (KYC), and hold users’ funds, offering fast, beginner-friendly trading. DEXs #run on blockchain smart contracts, allowing users to trade directly from their wallets without intermediaries or KYC. While CEXs provide more liquidity and convenience, DEXs offer greater privacy and user control. Understanding both helps users choose the right platform for their needs—balancing security, ease of use, and control over their crypto assets.