#CEXvsDEX101 The difference between a centralized exchange | OundaOuk on Binance Square

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#CEXvsDEX101 
The difference between a centralized exchange (CEX) and a decentralized exchange (DEX) lies mainly in how transactions are managed.
📌 Centralized Exchange (CEX)
Examples: Binance, KuCoin, Coinbase.
Pros:
Easier to use, ideal for beginners.
High liquidity — buying and selling is faster.
Customer support is available.
Allows the use of bank cards, transfers, etc.

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