# **CEX vs. DEX: Which Crypto Exchange is Better?**
The rise of cryptocurrencies has led to the growth of two main types of exchanges: **Centralized Exchanges (CEXs)** and **Decentralized Exchanges (DEXs)**. Both allow users to trade digital assets, but they operate very differently.
In this article, we’ll compare **CEX vs. DEX** in terms of security, fees, liquidity, control, and usability to help you decide which is best for your trading needs.
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Key Differences Between CEX and DEX
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