#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.