#CEXvsDEX101 #CEXvsDEX101

Centralized Exchanges (CEX) like Binance or Coinbase are managed by companies that handle your funds and trades. They offer high speed, user-friendly interfaces, and customer support. However, you must trust them with your assets. Decentralized Exchanges (DEX) like Uniswap or PancakeSwap let users trade directly from their wallets, without middlemen. They offer more privacy and control but may have slower transactions, fewer features, and less support. CEXs are ideal for beginners, while DEXs appeal to those valuing control and decentralization. Knowing the pros and cons of each helps you trade safely and wisely. #CryptoBasics #BlockchainEducation