#CEXvsDEX101 CEX vs DEX 101 (in 100 words):

CEX (Centralized Exchange) and DEX (Decentralized Exchange) are platforms for trading cryptocurrencies. CEXs, like Binance or Coinbase, are managed by companies. They offer high liquidity, fast transactions, and customer support, but require users to trust the platform with their funds and data. DEXs, like Uniswap or PancakeSwap, operate without intermediaries. Users trade directly from their wallets, gaining privacy and control. However, DEXs may have lower liquidity and slower speeds. CEXs are user-friendly and ideal for beginners, while DEXs offer more freedom for experienced users. Choosing between them depends on your trading style, experience, and security preferences.