#NasdaqETFUpdate **#CEXvsDEX101**

Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) are two main types of crypto trading platforms. CEXs like Binance or Coinbase are managed by a central authority, offering fast transactions and user-friendly interfaces but requiring users to trust the platform with their funds. DEXs like Uniswap or PancakeSwap allow peer-to-peer trading directly from wallets, promoting privacy and control, but often have lower liquidity and more complex interfaces. CEXs are ideal for beginners, while DEXs suit users who prioritize decentralization and self-custody. Choosing between them depends on your goals—convenience or control. Both play vital roles in the crypto ecosystem.