Founded in 2017, OKX is a Seychelles-registered cryptocurrency exchange that adopts blockchain technology to build the next-generation financial ecosystem. We provide the latest trading services for hundreds of diverse crypto assets. Most exchanges also offer custody and storage options for users looking to protect their crypto assets against theft and hacks safely. But then again, most exchanges aren't solely personal wallet services. If you want to set up an external wallet with a bitcoin wallet provider or another storage wallet service, you can do so while maintaining your crypto exchange account. You can simply transfer assets between your exchange account and crypto wallet when necessary. Decentralized exchanges (DEXs) are another way to obtain crypto. The difference from centralized ones is that decentralized exchanges are not owned by a single entity. DEXs are protocols in the blockchain network that allow participants to exchange various cryptocurrencies. DEXs usually use liquidity pools or order books to provide liquidity to the markets and match users’ orders. DEXs are considered more tech-savvy make a crypto coin platforms than centralized exchanges. They may offer you higher anonymity with purchases, but don’t allow you to buy crypto with fiat.