#CEXvsDEX101

CEXvsDEX101

#CEXvsDEX101 . CEX and DEX are two types of digital trading platforms, but they differ in many aspects. Here is an article about the difference between CEX and DEX:

What is CEX?

- *Centralized Exchange*: CEX is a centralized trading platform, where all transactions are managed by a third party.

- *Centralized Control*: CEX controls all transactions and ensures the security and safety of trading.

What is DEX?

- *Decentralized Exchange*: DEX is a decentralized trading platform, where transactions are executed directly between users without the need for a third party.

- *Decentralization*: DEX does not control transactions, and instead, they are executed automatically through smart contracts.

The difference between CEX and DEX