#CEXvsDEX101 In the world of cryptocurrencies, CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of exchange platforms. CEX are centralized platforms managed by a company, while DEX operate in a decentralized manner using smart contracts without intermediaries.

CEX (Centralized Exchange):

Definition:

A company that controls the exchange, transactions, and management of users' assets.

Benefits:

Greater regulatory security, higher liquidity, and ease of use for new users.