#CEXvsDEX101 CEX stands for Centralized Exchange. Think Binance, Coinbase, Kraken. You sign up, deposit funds, and trade through their platform. It's user-friendly, fast, and often regulated—but you're trusting a company to hold your assets.
DEX means Decentralized Exchange. Like Uniswap or PancakeSwap. No sign-up. You trade directly from your wallet. More control, more privacy—but also more responsibility.
CEX is convenient. DEX is freedom.