#CEXvsDEX101 CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of cryptocurrency trading platforms. CEX, like Binance, operates on a centralized model, offering faster transactions and user-friendly interfaces but requiring users to trust the platform with their assets. DEX, such as Uniswap, operates on blockchain technology, enabling peer-to-peer transactions without intermediaries, enhancing security and transparency. While CEX offers liquidity and ease of use, DEX provides greater control and decentralization. The choice between the two depends on individual priorities regarding security, ease of use and control over assets. Both have unique advantages and limitations.