#CEXvsDEX101

It seems like you're referring to a comparison between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX).

CEX and DEX are two types of cryptocurrency exchanges that differ in their architecture, security, and user experience. Here's a brief overview:

*CEX (Centralized Exchange)*

- Operated by a central authority

- Users deposit funds into the exchange's custody

- Trades are executed on the exchange's servers

- Typically offers higher liquidity and faster transaction times

- Examples: Binance, Coinbase

*DEX (Decentralized Exchange)*

- Operated on a blockchain, often using smart contracts

- Users retain control of their funds, trading directly with others

- Trades are executed on the blockchain

- Often prioritizes security, transparency, and decentralization

- Examples: Uniswap, SushiSwap

The choice between CEX and DEX depends on your priorities, such as security, liquidity, and ease of use. Do you have a specific question about CEX vs DEX?#FTXRefunds