#CEXvsDEX101

CEX (centralized exchange) and DEX (decentralized exchange) are different types of platforms for trading cryptocurrencies. CEX is an exchange where transactions are controlled by a single organization, making it more convenient and accessible for beginners, but your assets are stored with the exchange. DEX is an exchange where transactions occur directly between users without a third party, giving you greater control over your assets but requiring you to have more technical expertise.