In the world of cryptocurrency, the jargon can sometimes feel like a maze. Whether youre a newbie or someone who’s been trading for a while, understanding what a CEX is—and why it matters—is crucial for navigating the crypto space. If youve ever bought or sold Bitcoin, Ethereum, or any other digital currency, theres a good chance youve used a CEX without even knowing it. So, what exactly is a CEX, and how does it shape your experience as a crypto enthusiast?
At its core, a CEX—short for Centralized Exchange—is a platform where you can buy, sell, or trade cryptocurrencies. These exchanges act as intermediaries, connecting buyers and sellers. You can think of a CEX as a traditional stock exchange, like the New York Stock Exchange, but instead of stocks, you’re trading digital assets like Bitcoin, Ethereum, and hundreds of altcoins.
Unlike decentralized exchanges (DEX), which allow users to trade directly with each other on the blockchain,
Your All in One Trading APP PFD
