#CEXvsDEX101 When it comes to trading crypto, one of the first decisions you face is choosing between a centralized exchange (CEX) and a decentralized exchange (DEX). CEXs like Binance or Coinbase offer high liquidity, fast trades, and user-friendly interfaces, but they require you to trust a third party with your funds. DEXs like Uniswap or PancakeSwap give you full control over your assets and offer more privacy, but they can have lower liquidity and steeper learning curves. Each has its pros and cons — your choice should depend on your priorities: security, control, or convenience.
