> For the complete documentation index, see [llms.txt](https://references.everstrike.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://references.everstrike.io/account/dex-mode-vs.-cex-mode.md).

# DEX Mode vs. CEX Mode

### What is the difference between DEX Mode and CEX mode? <a href="#h_85574a8718" id="h_85574a8718"></a>

In DEX mode, you [connect your own wallet](/trading/how-to-start-trading-on-everstrike.md) to Everstrike.

In CEX mode, Everstrike [creates and manages a wallet](/account/cex-mode.md) on your behalf.

### When to use DEX Mode <a href="#h_85574a8718" id="h_85574a8718"></a>

DEX mode is preferred for users that already own a Web3 wallet and want to stay in control of their own funds.

### When to use CEX Mode <a href="#h_aaa488b6d2" id="h_aaa488b6d2"></a>

CEX mode is preferred for users that do not own a Web3 wallet (and do not want to set one up), or that want to use Everstrike like a centralized exchange.

### Switching between DEX Mode and CEX Mode <a href="#h_7482d43ccb" id="h_7482d43ccb"></a>

You can switch between DEX mode and CEX mode at any time.

Switching between DEX mode and CEX mode does not have any impact on your funds and positions.
