ideal #dex $DYDX

#CEXvsDEX101 What’s the Difference & Which One Should You Use?

If you’ve ever tried trading crypto, chances are you’ve heard about CEXs and DEXs. But what do these terms really mean? And more importantly, which one is better for you?

Let’s break it down in the simplest way possible.What’s a CEX?

CEX stands for Centralized Exchange — think of big names like Binance, Coinbase, or Kraken. These platforms are run by companies. They handle your trades, hold your funds (unless you withdraw), and usually ask you to complete KYC (Know Your Customer) verification.

Pros of CEXs:

User-friendly: Great for beginners with easy-to-use interfaces.