#CEXvsDEX101

CEX (Centralized Exchanges) and DEX (Decentralized Exchanges) are two different approaches to trading digital assets.

CEX platforms, like traditional exchanges, are managed by a central authority. They offer a user-friendly experience, often with better liquidity, but users typically entrust the platform with custody of their funds.

DEX platforms, on the other hand, enable direct peer-to-peer transactions without a central authority. Users retain control of their assets, which can enhance security and transparency. However, DEX platforms might have lower liquidity compared to CEX.

The choice between CEX and DEX often comes down to prioritizing ease of use and liquidity versus control and security.