#CEXvsDEX101#CEXvsDEX101:

Centralized Exchanges (CEXs) like Binance or Coinbase are managed by companies. They are easy to use and support fast trading, but users must trust the platform with their money.

Decentralized Exchanges (DEXs) like Uniswap or PancakeSwap let people trade directly without a middleman. They give users full control of their funds but can be harder to use and slower.

CEXs are great for beginners and high-speed trading. DEXs offer more privacy and control.

Choosing between CEX and DEX depends on what you value more: ease and speed (CEX) or control and privacy (DEX).