#CEXvsDEX101

By controlling the platform infrastructure, CEXs can match trades internally without requiring every transaction to be settled on the blockchain. A DEX relies on a blockchain network for every trade, which increases the time to settlement. Transaction speeds on DEXs may also be more variable.5 days ago

Are you buying, selling, or trading cryptocurrencies? You’re probably using a cryptocurrency exchange to complete your transactions. These exchanges are either centralized or decentralized—a core design choice that affects almost every part of your trading experience.

Decentralized exchanges—like the blockchain technology on which they’re built—rely on consensus mechanisms, with data distributed across users. But centralized exchanges are undeniably more accessible. Which should you choose? The decision is about trade-offs—and priorities.