#CEXvsDEX101 : Centralized Exchanges (CEX) like Binance or Coinbase offer user-friendly interfaces, high liquidity, and fiat on-ramps, but you trade custody for convenience—your keys, their control. Decentralized Exchanges (DEX) like Uniswap or PancakeSwap prioritize self-custody and trustless trading via smart contracts, but they often have lower liquidity and steeper learning curves. CEXs are faster for beginners, with customer support; DEXs appeal to those valuing privacy and decentralization, though gas fees can sting. Choose based on your priorities: ease and speed (CEX) or autonomy and security (DEX). #crypto #trading