![Crypto Terms Glossary: What is Centralized Exchange (CEX)? Crypto Terms Glossary: What is Centralized Exchange (CEX)?](/img/19/249/what-is-centralized-exchange-cex-sm.webp)
A centralized exchange (CEX) is a centrally controlled platform used to trade crypto assets. Centralized exchanges act as intermediaries between buyers and sellers. These platforms are custodians of user data and funds.
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