#CEXvsDEX101 When it comes to crypto trading, understanding CEX vs DEX is key. Centralized exchanges (CEXs) like Binance and Coinbase act as intermediaries, offering user-friendly interfaces and robust liquidity. However, they hold your funds, meaning you don’t fully control your assets. In contrast, decentralized exchanges (DEXs) like Uniswap and PancakeSwap let you trade directly from your wallet, giving you full custody of your crypto. DEXs promote transparency and censorship resistance, but often have lower liquidity and may lack some features of CEXs. Each has pros and cons, so choose based on your trading needs and risk tolerance. #CEXvsDEX101
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