#CEXvsDEX101

Centralized Platform:

Managed by a single entity (company or organization).

Transactions go through a central server.

Ease of use and technical support.

Security relies on trust in the operating entity.

Example: Binance, Coinbase.

✅ Decentralized Platform:

There is no central authority controlling it.

Transactions are conducted directly between users (peer-to-peer) via smart contracts.

More privacy and complete control over assets.

Security relies on blockchain, but usage is harder for beginners.

$ETH