#CEXvsDEX101

Understanding the fundamental difference between Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) is key for any crypto participant, a concept covered in #CEXvsDEX101. Each offers distinct advantages and disadvantages that influence how you interact with your digital assets, including holdings like PEPE and BNB.

CEXs, like Binance (where BNB is native), operate much like traditional stock exchanges. They offer user-friendly interfaces, often higher liquidity for major pairs, and familiar features like customer support and fiat on-ramps.