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CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of cryptocurrency exchange platforms. Here are the key differences:
*CEX (Centralized Exchange)*
- Advantages: - Easy-to-use interface - Higher liquidity - Customer support - Disadvantages: - Risk of hacks and theft of funds - Requires trust in the platform
*DEX (Decentralized Exchange)*
- Advantages: - Greater security and control over your funds - Does not require intermediaries - Greater privacy - Disadvantages: - Can be more complex to use - Lower liquidity
Do you want to know more about how CEX and DEX work or do you have any specific questions about these topics?
very bad Bob since last night 😔, it fell apart and I managed to recover what I had bought, later we will have to see if it is possible to invest again and that it ends up being like the big hit of #SHIBA🚀
WARNING⚠️⚠️ DON'T MISS OUT GUYS 💡 Ready to test your brain with Binance? Solve #TekaTekiSilangKripto this edition and win a surprise! All questions are taken from the real world of crypto – from BTC to DeFi!