#CEXvsDEX101 Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) are two ways to trade crypto. CEXs like Binance or Coinbase offer user-friendly interfaces, high liquidity, and customer support—but they control your funds. DEXs like Uniswap or PancakeSwap let you trade peer-to-peer without middlemen, giving you full control, but often with less liquidity and slower speeds. Choose CEX for convenience, DEX for autonomy.