One of the most notable differences between CEX and DEX exchanges is the price of the crypto assets they offer.
While CEXs operate like typical stock markets with a kind of order book accessible to all users and managed by a central authority, a DEX uses the Automated Market Maker (AMM) model, first used in the world of exchanges by Uniswap. This model is not new; it has been used in the traditional financial sector for years. It is a protocol based on liquidity pools rather than an order book.
As you can see, there are not only centralized exchanges, which are more popular among users, but you can also access other types of exchanges, which, although they require more advanced knowledge from users, also provide a series of important features for some of them. Study the different possibilities and choose the one that best fits your needs.
