#CEXvsDEX101 #CEXvsDEX101 breaks down the difference between Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs). CEXs like Binance or Coinbase act as intermediaries, offering user-friendly platforms, fast trades, and customer support—but require users to give up control of their funds. DEXs like Uniswap or PancakeSwap run on smart contracts, letting users trade directly from their wallets, ensuring privacy and full asset control. However, DEXs may have lower liquidity, slower trades, and limited support. CEXs are ideal for beginners, while DEXs appeal to those valuing decentralization and security. Choosing between them depends on your trading needs, trust preferences, and experience level.