#TradingTypes101
📈Centralized Exchage
(central platform)
📈Decentralized Exchange
(decentralized platform)
#TradingTypes101
Two very important terms, and understanding them will open a gateway to digital gems.
Example of centralized exchanges (CEX)
BINANCE BYBIT BITGET
Decentralized Exchanges (DEX)
UNI CAKE JUP_RAY
#TradingTypes101
Let's start with the method of launching or offering platforms for projects. Centralized platforms rely on launch pools, where the platform's currency is stored in exchange for obtaining an amount of the project being offered.