Day 2 – CEX vs DEX: What’s the Difference?

When starting crypto trading, it’s crucial to know where you’re trading — on a Centralized Exchange (CEX) like Binance or a Decentralized Exchange (DEX) like Uniswap. CEXs are beginner-friendly, fast, and offer customer support, while DEXs let you trade directly from your wallet without intermediaries, giving you full control. Most beginners start on CEXs for ease of use and higher liquidity, then explore DEXs as they grow more confident. Understanding both helps you choose the right path for your trading journey.