#DifferenceBetweenCEXAndDEX
Centralized Exchange) examples include platforms like Binance and Coinbase, where a central entity manages transactions and user funds.
DEX (Decentralized Exchange) examples include Uniswap and PancakeSwap, which facilitate trades directly between users' wallets through smart contracts.
CEX Examples:
Binance: A large platform facilitating cryptocurrency trading with a wide range of assets.
Coinbase: A user-friendly platform for buying, selling, and storing crypto
currencies.
Kraken: A platform known for its high trading volumes and diverse range of assets.
Gemini: A platform focused on institutional and retail clients.
DEX Examples:
Uniswap:
A popular DEX on the Ethereum blockchain, known for its automation and liquidity.
PancakeSwap:
A DEX on the Binance Smart Chain, offering features like yield farming.
SushiSwap:
A DEX on the Ethereum and other blockchains, known for its community focus and low fees.
Curve:
A DEX specializing in stablecoin swaps, offering low fees and high liquidity.
#CEXvsDEX101 #TradingTypes101
