#CEXvsDEX101 Complete Guide for Crypto Beginners

**Intro:**

In the world of cryptocurrency, there are two popular types of exchanges: Centralized Exchange (CEX) and Decentralized Exchange (DEX). Both have significant advantages and disadvantages. In this article, we will discuss the differences between CEX and DEX.

**What is CEX (Centralized Exchange)?**

- Definition: A cryptocurrency exchange operated by a central company.

- Examples: Binance, Coinbase, Indodax.

- Advantages:

- Easy to use for beginners.

- Better security with advanced security systems.

- Competitive transaction fees.

- Disadvantages:

- Risk of losing assets if the exchange is attacked by hackers.