#CEXvsDEX101 — is a basic comparison of centralized (CEX) and decentralized (DEX) exchanges. CEX (for example, Binance or Coinbase) have a user-friendly interface, high liquidity, and customer support, but require verification (KYC) and store users' funds on their servers. DEX (such as Uniswap or PancakeSwap) operate without intermediaries, give full control over the wallet, do not require KYC, but may have lower liquidity and a more complex interface. #CEXvsDEX101 helps to understand the key differences and choose a platform depending on the level of experience, goals, and security priorities.
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