#CEXvsDEX101

CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of crypto trading platforms. *CEXs* like Binance and Coinbase are managed by companies, offer high liquidity, user-friendly interfaces, and customer support, but require users to trust the platform with their funds and personal data. *DEXs* like Uniswap and PancakeSwap are blockchain-based, allowing peer-to-peer trading without intermediaries. They provide greater privacy and control, but often have lower liquidity, slower transactions, and require more technical knowledge. CEXs are better for beginners, while DEXs appeal to users seeking decentralization and autonomy. Both have unique pros and cons depending on user needs.