#CEXvsDEX101 Ultimately, a CEX is a facilitator of access to the blockchain for those users who want to enter but do not have the technical knowledge to do so. With this, they delegate responsibility and place their trust in a company that is responsible for ensuring the security of funds and transactions.

DEX

On the opposite side of CEX are DEX or decentralized exchanges (from its English acronym Decentralized Exchange), an evolution of the former. In DEX, all its operations are transferred to the blockchain, executed on smart contracts with which everything is managed within the platform.