Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) are two major types of crypto trading platforms. CEXs like Binance and Coinbase offer user-friendly interfaces, high liquidity, and fast transactions but require users to trust a central authority and give up custody of their funds. In contrast, DEXs such as Uniswap and PancakeSwap allow peer-to-peer trading directly from users’ wallets, ensuring privacy and control, but often have lower liquidity and slower speeds. While CEXs suit beginners, DEXs appeal to those prioritizing decentralization. Understanding both helps users choose the right platform for their trading goals. #CryptoBasics #blockchain #CEXvsDEX101 $SOL $XRP $ETH