#CEXvsDEX101

🏛️ CEX vs DEX – What’s the Difference?

Choosing between a Centralized Exchange (CEX) like Binance and a Decentralized Exchange (DEX) depends on your trading needs:

🔹 CEX (e.g., Binance)

User-friendly interface

High liquidity & fast execution

Advanced tools & support

Custodial: the platform holds your funds

🔹 DEX (e.g., Uniswap, PancakeSwap)

Peer-to-peer trading

Non-custodial: you control your private keys

Lower liquidity, slower trades

Limited features but more privacy

CEX offers convenience and speed; DEX gives you control and decentralization. Many traders use both — depending on the strategy.