#CEXvsDEX101 I am learning about the differences between CEX (centralized exchange) and DEX (decentralized exchange) in the crypto world. So far, I have been using Binance as a CEX because it is easier to use and has many features such as spot, futures, and staking. But I am also interested in trying DEXs like Uniswap or PancakeSwap, because they are said to be safer and more transparent since there are no intermediaries. According to friends, what are the main advantages and disadvantages of each type of exchange? Which is more suitable for beginners?
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