#CEXvsDEX101 CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of cryptocurrency exchanges. Here's a brief overview:

*CEX (Centralized Exchange)*

- A centralized platform where users can buy, sell, and trade cryptocurrencies.

- Operated by a single entity, which manages the exchange's infrastructure and security.

- Examples: Binance, Coinbase, Kraken.

*DEX (Decentralized Exchange)*