I'm gonna share some my knowledge about CEX/DEX
CEX (Centralized Exchange)
Think like a regular bank or stock app for crypto. A company runs it (like Binance or Coinbase). You give them your money and crypto to hold. Trading is fast and easy for beginners. But, you trust that company with your stuff. They control things. Good if you want simple buying/selling.
DEX (Decentralized Exchange)
This is different. It's like a direct swap machine, no big company in the middle. You connect your own crypto wallet (you control it). Trades happen directly between people using smart contracts. You keep control of your money always. Can be slower or trickier sometimes than a CEX. Good if you want full control and privacy.
Simple difference
CEX = company holds your stuff, easy to use. DEX = you hold your stuff, you control it all.
if you know anything new then please feel free to let me know in comments Thanks ❤️