#CEXvsDEX101

Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) serve the same purpose—crypto trading—but function differently. CEXs like Binance are user-friendly, fast, and have high liquidity, but they hold custody of your funds. DEXs like Uniswap or PancakeSwap give users full control of their assets and are censorship-resistant. However, they often lack advanced features and liquidity. For security-conscious users, DEXs may be better. For convenience and speed, CEXs win. Choose based on your need and comfort level.