CEX vs DEX: Understanding Centralized and Decentralized Crypto Exchanges
A Centralized Exchange (CEX) is a type of cryptocurrency exchange that acts as an intermediary between buyers and sellers, allowing users to buy and sell crypto assets like bitcoin (BTC) and ethereum (ETH). These platforms, such as Binance, provide a user-friendly interface that appeals to both crypto enthusiasts and beginners alike. CEXs maintain an order … Read more