Set Variable value in exists condition sql server

Declare @CategoryID as int
SET @CategoryID =  CASE WHEN EXISTS(SELECT 1
                                    FROM  Categories
                                    WHERE Categoryname = @CategoryName)
                     THEN 1 ELSE 0
                   END

Another way would be something like ….

IF EXISTS (SELECT 1
           FROM  Categories
           WHERE Categoryname = @CategoryName)
 BEGIN
   SET @CategoryID = 1;
 END
ELSE
 BEGIN
   SET @CategoryID = 0;
 END