#CEXvsDEX101 | Centralized vs Decentralized Exchanges – What’s the Difference?

If you're starting out in crypto, you’ve probably come across CEX and DEX. But what do they really mean? Let's break it down 👇

🔹 CEX = Centralized Exchange

A platform operated by a company that acts as an intermediary between buyers and sellers.

Examples: Binance, Coinbase, Kraken

Pros:

✅ User-friendly interface

✅ High liquidity & fast transactions

✅ Customer support

✅ Fiat support (e.g., USD, PKR)