#CEXvsDEX101
There is mainly two types of Crypto Exchanges that provides crypto-exchanges services for traders and crypto-users around the globe.
The main difference of these exchanges is custodial and non-custodial managements of crypto-wallets users funds.
By using CEX, traders keeps their funds in this exchanges and assets being managed
in custodial system for trading accounts usages. Most of CEX exchanges or trading platforms, provide some other features where partial assets or funds remains kept for use as collaterals and being supplied to trading platforms in return for Lending or Borrowing funds and for Trading operations, and other funds payments systems.
While the DEX exchanges mainly operates on Web3 wallets connections for contemplating crypto-funds exchanges that suits exchange-users needs.
There are some exchanges platforms, both CEX and DEX platforms, that does not require KYC and AML policy for traders to perform crypto-exchanges, but it obtains high-risk outputs and conditional terms for traders or exchanges-users, which is not recommended for those who keeps
their security and safety in upmost previlleges.
As with trading crypto, its always been a high-risk condition, whether enormous or tiny amount or kind of trading executions, and its simply not for those who could not endure the risks and accept the consequences of losses of funds, in return for profitable gain from using trading platforms or exchanges.
RecentTrade for today.