#TradingPairs101 Centralized exchanges (CEX) and decentralized exchanges (DEX) differ in functionality and user control:

CEX: Managed by centralized entities, CEX acts as an intermediary. They offer a user-friendly interface, high liquidity, and advanced trading features such as margin trading. However, users must trust the platform with their funds and data, making it vulnerable to hacks or mismanagement.

DEX: Operates on blockchain protocols without intermediaries, allowing peer-to-peer trading. They prioritize privacy and self-custody of assets, reducing security risks. However,