BasicsVideo + Images
⏱️ 04 min
Basics Level Progress40%

Exchanges

Understand the different types of exchanges: CEX vs DEX.

Market Makers
Centralized Exchanges - CEX
Decentralized Exchanges - DEX (DeFi)

What You'll Learn

Deep dive into Centralized Exchanges (CEX) and Decentralized Exchanges (DEX).

  • 📗Learn about CEXs
  • 📗Learn about DEXs
  • 📗Understand the pros and cons of each

Key Insights

  • 👉CEXs are custodial (they hold your keys)
  • 👉DEXs are non-custodial (you hold your keys)

🧠 Self-Check Quiz

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What does CEX stand for?

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