#OrderTypes101 CEXvsDEX101 In the crypto world, the two most common types of platforms are CEX (Centralized Exchange) and DEX (Decentralized Exchange). But what is the difference?

CEX like Binance, Coinbase, or Bybit are centralized platforms managed by companies. The advantages include a user-friendly interface, customer service, and transaction speed. However, users need to relinquish control over their assets to the platform.