Centralized Exchange (CEX)
Definition
A cryptocurrency trading platform operated by a central authority that holds user funds and facilitates trades. Offers high liquidity and user-friendly interfaces but carries custodial risk.
Example
Binance and Coinbase are leading centralized exchanges, handling billions in daily trading volume.
Related Terms
Frequently Asked Question
What is a CEX (Centralized Exchange)?
A CEX is a cryptocurrency exchange run by a central company that holds user funds and matches orders. Examples include Binance, Coinbase, and Kraken. The opposite of a DEX.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.