#CEXvsDEX101 CEXvsDEX101 CEX vs DEX 101: What’s the Difference?

If you’re getting started in crypto, you’ve probably heard of Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). Here’s a quick breakdown to help you understand the key differences:

🔹 CEX (Centralized Exchange)

A CEX is run by a company that acts as a middleman for crypto trading. You create an account, deposit funds, and trade within their system.

Pros:

•Easy to use for beginners

•High liquidity & fast transactions

•Customer support available

Cons:

•You don’t control your private keys

•Subject to downtime or hacks

•Requires identity verification (KYC)

🔹 DEX (Decentralized Exchange)

A DEX lets you trade directly from your wallet—peer-to-peer, with no central authority.

Pros:

•Full control of your funds

•Greater privacy & anonymity

•Usually no KYC needed

Cons:

•Can be complex for beginners

•Lower liquidity on some tokens

•Limited customer support

⚖️ Which One Is Right for You?

Choose a CEX if you value ease, speed, and support.

Choose a DEX if you value privacy, decentralization, and control over your assets.

The best strategy? Learn how both work—you don’t have to pick just one.