#CEXvsDEX101

CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of cryptocurrency trading platforms.

CEX:

1. Centralized authority controls transactions

2. Higher liquidity and faster transactions

3. User-friendly interface

4. Custodial, holding users' funds

DEX:

1. Decentralized, peer-to-peer transactions

2. Greater security and transparency

3. Non-custodial, users control funds

4. Often slower and less liquid

#Cex #DEX