#CEXvsDEX101 Centralized Exchanges (CEX), like Binance or Coinbase, are platforms managed by a company where users trade through an intermediary. They are user-friendly, have high liquidity, and support fiat transactions. On the other hand, Decentralized Exchanges (DEX), like Uniswap or PancakeSwap, allow peer-to-peer trading without a central authority. Users maintain full control of their assets and trade directly from their wallets. CEXs are usually better for beginners, while DEXs offer more privacy and control. Each has its pros and cons, and choosing the right one depends on your goals and preferences in crypto trading.

#CEXvsDEX101