#CEXvsDEX101
Diving into crypto? You’ll come across two main ways to trade: CEXs and DEXs. Here’s what you need to know.
CEX (Centralized Exchange) is like using a bank for crypto. You create an account, hand over some personal info, and let the platform do the work. Great for speed and simplicity, but you’re trusting a company with your money.
DEX (Decentralized Exchange) cuts out the middleman. No account, no KYC. Just connect your wallet and trade. You’re in full control — but that also means more responsibility and sometimes a steeper learning curve.
CEX = Easy to use, but less private.
DEX = More freedom, but you need to know what you’re doing.
Both have their place. The best choice depends on your priorities: convenience or control?