#CEXvsDEX101 is an educational initiative by Binance Square that seeks to help users understand the key differences between centralized exchanges (CEX) and decentralized exchanges (DEX). This comparison is essential for those who wish to trade in the world of cryptocurrencies, as each type of exchange offers advantages and disadvantages depending on the user's needs and preferences.

🔹 Centralized Exchanges (CEX)

Examples: Binance, Coinbase, KuCoin

Advantages:

• ✅ High liquidity and fast execution: Ideal for large volume trades and active traders.

• ✅ User-friendly interface and customer support: Enhances the experience for beginners.