#CEXvsDEX101 *CEX vs DEX 101*
*Centralized Exchanges (CEX)*:
- Traditional exchange model
- Central authority controls transactions
- Higher liquidity, faster transactions
- Examples: Binance, Coinbase
*Decentralized Exchanges (DEX)*:
- Peer-to-peer transactions without intermediaries
- Built on blockchain technology
- Greater security, transparency, and control
- Examples: Uniswap, SushiSwap
*Key differences:*
- Centralization vs Decentralization
- Security and control
- Liquidity and transaction speed
*Choose CEX for:*
- Higher liquidity, user-friendly interface
*Choose DEX for:*
- Greater security, transparency, and control over assets.