#CEXvsDEX101 CEX vs DEX 101:

Centralized exchanges (CEX) are platforms managed by private entities where users can trade cryptocurrencies quickly and easily, benefiting from high liquidity and user-friendly interfaces. However, they involve trusting an intermediary that controls the funds and data.

Decentralized exchanges (DEX) allow direct trading between users, without intermediaries. They offer more privacy and control over funds, but often have lower liquidity and more complex interfaces.

In short, CEX means convenience and speed, DEX means autonomy and security.