CEX and DEX are two types of cryptocurrency trading platforms that differ in how they operate. CEX is a centralized trading platform, where users must trust a third party with their funds. Meanwhile, DEX is a decentralized trading platform, where users have full control over their own funds.

The advantages of CEX include faster transaction speeds and a more user-friendly interface. However, CEX also carries higher security risks because user funds are stored on a central server. On the other hand, DEX has advantages in terms of security and privacy, as users have full control over their own funds.

However, DEX also has some drawbacks, such as slower transaction speeds and a more complex user interface. Therefore, it is important to understand the differences between CEX and DEX before choosing a trading platform that suits your needs. #CEXvsDEX101