#CEXvsDEX101

Choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) is crucial for every crypto trader. CEXs like Binance or Coinbase offer high liquidity, fast transactions, and user-friendly interfaces—but require users to trust a third party with their funds and personal data. In contrast, DEXs like Uniswap or PancakeSwap operate without intermediaries, giving users full control over their assets and maintaining privacy. However, DEXs may suffer from lower liquidity, slower speeds, and a steeper learning curve. Security, convenience, and control vary with each option. Know your priorities before choosing.