#CEXvsDEX101 > Centralized exchanges (CEX) and decentralized exchanges (DEX) represent two very distinct approaches within the crypto ecosystem. CEXs offer intuitive interfaces, customer support, and a fast experience, ideal for beginner users. However, by using them, you relinquish control of your assets to the platform. In contrast, DEXs allow peer-to-peer transactions without intermediaries, ensuring greater privacy and control over your funds. Although they may be more complex to use and have lower liquidity, they are key for those who prioritize decentralization. Choosing between CEX and DEX depends on your goals, level of experience, and trust in external custodians.
