#USChinaTradeTalks Understanding the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) is essential for every crypto investor. CEXs, like Binance or Coinbase, offer user-friendly platforms, high liquidity, and customer support. However, users must trust the platform with their funds. DEXs, like Uniswap or PancakeSwap, give users full control over their assets and promote privacy and decentralization, but they often come with lower liquidity and steeper learning curves. Your choice depends on your needs: convenience or control. For beginners, CEXs are ideal. For crypto veterans seeking autonomy, DEXs are powerful. Know your options and trade wisely.