What are CEX and DEX? The fundamental differences between centralized and decentralized platforms in the crypto world.
In the ever-growing world of cryptocurrency, the terms CEX (Centralized Exchange) and DEX (Decentralized Exchange) often appear and become a topic of debate among investors and traders. Although
What is a CEX (Centralized Exchange)?
A CEX is a crypto asset exchange platform run by a centralized company or entity. Some popular examples include Binance, Coinbase, and Kraken. In
What is DEX (Decentralized Exchange)?
DEX is an exchange platform that runs automatically using smart contracts on a blockchain network. No third party controls the user's assets.