#CEXvsDEX101 CEX (Centralized Exchanges) and DEX (Decentralized Exchanges) serve the same purpose—crypto trading—but function differently. CEXs like Binance or Coinbase are run by companies and offer high liquidity, fast execution, and customer support, making them user-friendly for beginners. However, they hold custody of user funds. In contrast, DEXs such as Uniswap or PancakeSwap allow users to trade directly from their wallets, offering better privacy and control. But DEXs may have lower liquidity and are slightly more complex for new users. Choosing between them depends on your need for control versus convenience. #CEXvsDEX101