#CEXvsDEX101 Centralized Exchanges (CEX) vs. Decentralized Exchanges (DEX)—what’s the difference, and why does it matter?

CEXs like Binance or Coinbase offer user-friendly interfaces, high liquidity, and fast transactions, but they require trust in a third party to hold your funds. DEXs like Uniswap or PancakeSwap let you trade peer-to-peer, keeping control of your assets, but may have lower liquidity and steeper learning curves.

The choice depends on your priorities: convenience or control, speed or sovereignty. Both have pros and cons, and many traders use a mix of both.

In crypto, knowledge is your best asset. Understand the platform before you trade.

💡 Know where your coins go before they grow.