#CEXvsDEX101

The main difference between a CEX (Centralized Exchange) and a DEX (Decentralized Exchange) lies in who controls your crypto and how trades are executed:

CEX controls your crypto and matches trades through a central system.

DEX lets you control your crypto and trades happen directly on the blockchain.

CEX = A Bank: You deposit your money, they manage it, and you rely on their systems and rules.

DEX = A Wallet with a Marketplace: You hold your own money and trade directly with others, no middleman.

When to Use a CEX:

You’re a beginner who needs fiat onramps (like SAR or USD).

You want faster execution and access to customer support.

You trust the platform (e.g., Binance, Coinbase).

When to Use a DEX:

You want full control over your crypto (self-custody).

You value privacy and freedom.

You want access to new tokens early in the market.