#CEXvsDEX101 CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of cryptocurrency trading platforms. CEXs are centralized platforms where a single entity controls users' accounts and funds, while DEXs are decentralized platforms where users maintain control over their accounts and funds through their wallet, without the need for an intermediary.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.