#CEXvsDEX101

CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of cryptocurrency trading platforms. CEX operates like traditional stock exchanges, with a central authority managing transactions and user accounts. Examples include Binance and Coinbase. DEX, on the other hand, operates on blockchain technology, allowing peer-to-peer transactions without intermediaries. Examples include Uniswap and SushiSwap. Key differences include:

- *Control*: CEX is controlled by a central authority, while DEX is decentralized.

- *Security*: DEX is considered more secure due to its decentralized nature.

- *Regulation*: CEX is more regulated, while DEX often operates in a gray area.

Each has its pros and cons.