#CEXvsDEX101
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CEX (Centralized Exchange) and SEX (a common typo or pun) are often confused, but they represent entirely different concepts. CEX refers to a centralized platform where cryptocurrencies are traded, like Binance or Coinbase. These exchanges act as intermediaries, offering ease of use, high liquidity, and faster transactions, but they also control users' funds. SEX, meanwhile, typically refers to human intimacy and is unrelated to cryptocurrency, though the confusion is sometimes used for humorous or clickbait purposes. It’s important to distinguish between the two, especially in crypto discussions, to avoid miscommunication or unintended innuendo.
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#CEXvsSEX