#CEXvsDEX101

CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of platforms for trading digital currencies. Here is a comparison between them:

- *CEX (Centralized Exchange)*

- Managed by a centralized company.

- Holds users' assets in a centralized wallet.

- Usually offers a user-friendly interface.

- Often provides additional services such as margin trading and leveraged trading.

- Examples: Binance, Coinbase.

- *DEX (Decentralized Exchange)*

- Operates without a central company.

- Allows users to trade directly with each other without the need for an intermediary.

- Often more secure because users hold their assets in their own wallets.

- May be more complex to use.

- Examples: Uniswap, SushiSwap.

The choice between CEX and DEX depends on your personal needs and preferences. If you are looking for ease of use and additional services, CEX may be the better option. If you prefer more security and decentralization, DEX may be the better choice.