#CEXvsDEX101

When it comes to trading crypto, both centralized exchanges (CEXs) and decentralized exchanges (DEXs) have their pros and cons. CEXs like Binance and Coinbase offer user-friendly platforms, high liquidity, and faster transaction times. However, they require users to trust the platform with their funds and personal data. On the other hand, DEXs like Uniswap and PancakeSwap allow users to trade directly from their wallets, offering more privacy and control. But DEXs can suffer from lower liquidity, higher slippage, and a steeper learning curve. For beginners, CEXs may be easier, but for experienced traders, DEXs provide more freedom and decentralization.