#CEXvsDEX101 In the crypto world, it is essential to understand the differences between centralized exchanges (CEX) and decentralized exchanges (DEX). A CEX like Binance or Coinbase acts as an intermediary and custodian of funds, offering greater liquidity and ease of use. In contrast, a DEX like Uniswap allows trading directly from a wallet without intermediaries, increasing user privacy and control. In #CEXvsDEX101 it is discussed that although CEXs are faster and offer customer support, DEXs excel in decentralization and resistance to censorship. Choosing between one or the other depends on priorities: security, control, or convenience.