## The Role of Centralized Exchanges in the Cryptocurrency Market
Crypto asset trading has become a focal point for investors worldwide. To enter this market, traders first need to solve a fundamental question: where to execute trades? The answer to this question introduces the two main pillars of the crypto trading ecosystem—**Centralized Exchanges** (CEX) and Decentralized Exchanges (DEX). This article focuses on what a centralized exchange is, how it operates, and its core differences from decentralized exchanges.
### What is a CEX: Basic Concepts
**CEX stands for Centralized Exchange**, an
View OriginalCrypto asset trading has become a focal point for investors worldwide. To enter this market, traders first need to solve a fundamental question: where to execute trades? The answer to this question introduces the two main pillars of the crypto trading ecosystem—**Centralized Exchanges** (CEX) and Decentralized Exchanges (DEX). This article focuses on what a centralized exchange is, how it operates, and its core differences from decentralized exchanges.
### What is a CEX: Basic Concepts
**CEX stands for Centralized Exchange**, an