#CEXvsDEX101 Centralized exchanges (CEX) like Binance & Coinbase are super user-friendly, with high liquidity, fiat support, and helpful customer service—perfect for beginners   . But… you don’t control your private keys, and hacks or freezes can happen.

Decentralized exchanges (DEX) like Uniswap let you self-custody your assets, trade directly from your wallet, and enjoy more privacy + access to new tokens   . Drawbacks? Lower liquidity, slower transactions, higher fees, and a steeper learning curve   .

Bottom line: Neither’s “better”—it depends on your style. Many smart traders mix both, using CEX for big, fast trades and DEX for privacy or exotic tokens