Definition
A CEX is a centralized crypto exchange that custodies user funds and runs an internal order book. Learn how CEXs work and how they compare to DEXs.
Why It Matters
Understanding Cex helps you read crypto market data more accurately and make better-informed decisions when comparing coins, projects, and on-chain activity.
Where You'll See It
Cex appears throughout cryptocurrency analytics on Crypto Market Watch — including coin profiles, rankings, and other glossary entries. Continue with related glossary terms or read the longer-form learn articles for deeper context.