#CEXvsDEX101 Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) each have their own pros and cons. CEXs like Binance or Coinbase are user-friendly and provide high liquidity, but they require users to trust the platform with their funds. On the other hand, DEXs like Uniswap or PancakeSwap allow users to trade directly from their wallets without intermediaries, offering more privacy and control. However, they may have lower liquidity and slower transactions. Choosing between CEX and DEX depends on your priorities: security, control, ease of use, or speed.#