#CEXvsDEX101 CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two major ways to trade crypto.
CEXs like Binance or Coinbase offer user-friendly interfaces, customer support, and high liquidity. However, they require users to trust a third party with their funds and data.
DEXs like Uniswap or PancakeSwap allow users to trade directly from their wallets without needing to sign up or hand over private info. This provides better privacy and control but often lacks the ease and speed of CEXs.
Both have pros and cons—choose based on your need for security, speed, or convenience.
#CEXvsDEX101