#CEXvsDEX101 Trading Platforms: Centralized Platforms (CEX) and Decentralized Platforms (DEX). Centralized platforms rely on a central intermediary that controls trading operations and stores funds, while decentralized platforms allow users to trade directly with each other without an intermediary. CEX usually offers higher execution speed and greater liquidity, but it requires trust in the central entity. On the other hand, DEX is characterized by privacy and complete control over assets, but it may be slower and less liquid. Understanding the difference between them is important for choosing the platform that suits your needs.

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