#CEXvsDEX101 Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) serve the same purpose—trading crypto—but in very different ways. CEXs like Binance or Coinbase offer high liquidity, fast transactions, and customer support, but they require users to trust a central authority with their funds and personal data. DEXs, on the other hand, such as Uniswap or PancakeSwap, allow peer-to-peer trading directly from your wallet, giving you full control and privacy. However, they often come with lower liquidity and higher slippage. Choosing between a CEX and a DEX depends on what you value more—convenience and speed, or control and decentralization.$BTC