#CEXvsDEX101 or Coinbase are user-friendly, offer high liquidity, and support fiat on-ramps, making them ideal for beginners. However, they require users to trust the platform with their funds and personal information. DEXs like Uniswap or PancakeSwap allow peer-to-peer trading directly from crypto wallets, offering more privacy and control. They’re non-custodial and permissionless, but often come with lower liquidity and higher learning curves. Choosing between a CEX and DEX depends on your priorities—convenienc