#CEXvsDEX101 CEX vs DEX: Understanding the Core Differences in Crypto Trading
The world of cryptocurrency offers two primary avenues for trading and managing your digital assets: Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). While both facilitate crypto transactions, their underlying structures and functionalities differ significantly, impacting security, control, and accessibility.
What is a Centralized Exchange (CEX)?
A CEX operates much like a traditional