Crypto trades happen on two very different kinds of venue: centralized exchanges (CEXs) and decentralized exchanges (DEXs). Knowing the difference helps you weigh convenience against control and risk.<\/p>\n
A CEX is a company that holds your funds and matches trades, much like a broker. They are easy to use and liquid, but you are trusting the company with custody \u2014 “not your keys, not your coins” is the well-worn warning.<\/p>\n
A DEX lets you trade directly from your own wallet against smart contracts, keeping custody yourself. That removes company risk but adds smart-contract risk, complexity, and no support desk. We describe how each works in our reviews; a review is information, not a recommendation. See our affiliate disclosure<\/a>.<\/p>\n Educational content, not financial advice.<\/strong> Crypto is volatile and you can lose money. Do your own research. Crypto Ruble Coins is a news and education publication \u2014 not an exchange, conversion, or off-ramp service.<\/p>\n","protected":false},"excerpt":{"rendered":" Crypto trades happen on two very different kinds of venue: centralized exchanges (CEXs) and decentralized exchanges (DEXs). Knowing the difference helps you weigh convenience against control and risk. Centralized exchanges…<\/p>\n","protected":false},"author":2,"featured_media":166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[29,24,45],"class_list":["post-48","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exchange-reviews","tag-defi","tag-education","tag-exchanges"],"_links":{"self":[{"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/posts\/48","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/comments?post=48"}],"version-history":[{"count":1,"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/posts\/48\/revisions"}],"predecessor-version":[{"id":123,"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/posts\/48\/revisions\/123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/media\/166"}],"wp:attachment":[{"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/media?parent=48"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/categories?post=48"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptorublecoins.com\/es\/wp-json\/wp\/v2\/tags?post=48"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}