#CEXvsDEX101 Centralized Exchanges (CEX) like Binance or Coinbase are managed by companies that act as intermediaries, offering user-friendly interfaces, high liquidity, and customer support. In contrast, Decentralized Exchanges (DEX) like Uniswap or PancakeSwap operate without intermediaries, allowing peer-to-peer trading via smart contracts. CEXs require KYC and custody your funds, while DEXs give users full control and privacy. CEXs excel in speed and ease, while DEXs prioritize transparency and decentralization. Each has pros and cons—CEXs for convenience, DEXs for control. Understanding the trade-offs helps you make smarter decisions. Choose what aligns with your goals and values. #CryptoBasics #BlockchainEducation