#加密安全须知

Centralized Exchanges (CEX) and Decentralized Exchanges (DEX)

are the two main types of exchanges in the cryptocurrency trading field.

Below is a detailed introduction to them:

Centralized Exchanges (CEX)

- Definition and Characteristics: Operated and managed by a centralized organization.

Users deposit their cryptocurrency assets into the exchange

and trade through the exchange's order book.

It has a specialized trading interface, a wealth of trading features,

and an efficient trading matching mechanism,

such as depth charts, various order types (limit orders, market orders, etc.),

margin trading, and leveraged trading.

- Asset Security: User assets are uniformly managed by the exchange,

depending on the exchange's security measures and reputation.

If the exchange suffers a hacker attack, internal personnel

malicious operation, or system failure, etc.,

user assets may face the risk of being stolen or lost.