#CEXvsDEX101

CeX (centralized exchanges) and DEX (decentralized exchanges) have unique advantages for traders and investors in the crypto world.

**CeX** (for example, Binance, Coinbase) provide high liquidity, a user-friendly interface, fast order execution, and customer support. They are ideal for beginners due to their ease of use and a wide selection of trading pairs. Additionally, CeX often offer extra services — staking, margin trading, futures.

**DEX** (for example, Uniswap, PancakeSwap) provide complete decentralization, control over private keys, and anonymity. They do not require verification (KYC) and allow trading without intermediaries. Furthermore, DEX often add new tokens from DeFi, GameFi, and other niches first.

Both formats have a place in a crypto user's portfolio — CeX for convenience, DEX for freedom and innovation.