#CEXvsDEX101 Understanding the difference between CEX and DEX is essential for every crypto trader. 🔍

🔹 **CEX (Centralized Exchange)** platforms like Binance act as intermediaries, offering high liquidity, faster transaction speeds, and user-friendly interfaces. They're ideal for beginners and support fiat integration, but users must trust the platform to hold their funds securely.

🔹 **DEX (Decentralized Exchange)** allows peer-to-peer trading directly from your crypto wallet. There's no middleman, so you maintain full custody of your assets. It's more private and censorship-resistant, but often comes with lower liquidity, slower speeds, and a steeper learning curve.

Both have advantages and limitations. Choose based on your goals, experience, and risk tolerance.