#CEXvsDEC101

CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two key platforms for crypto trading. CEXs like Binance and Coinbase are managed by companies and provide high liquidity, user-friendly interfaces, and faster transactions. However, they require user data and custody of funds. In contrast, DEXs like Uniswap or PancakeSwap operate without intermediaries and offer better privacy and control over funds, but often have lower liquidity and are less beginner-friendly. Choosing between CEX and DEX depends on user priorities—whether they value ease of use and speed or prefer control and decentralization. Both have unique benefits and limitations for traders.