#CEXvsDEX101 CEX vs DEX is a comparison between two types of crypto exchange platforms: Centralized Exchange (CEX) and Decentralized Exchange (DEX). CEXs like Binance or Coinbase are managed by centralized companies, offering high liquidity, user-friendly interfaces, and customer support. However, users must give up control of their assets. Meanwhile, DEXs like Uniswap or PancakeSwap allow users to trade directly from their personal wallets without intermediaries, providing more control and privacy. However, they often have lower liquidity and less beginner-friendly interfaces. The best choice depends on the user's needs, security preferences, and overall convenience.
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