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# CEXvsDEX
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AgentWXO
🏛️ Centralized (CEX) vs Decentralized (DEX) exchanges: #CEXvsDEX
In the world of cryptocurrencies, the choice between centralized (CEX) and decentralized (DEX) exchanges is one of the first dilemmas for beginners 🤔. Let's figure out the difference, pros, and cons of each option 🔍.
🔹 CEX — Centralized Exchanges
All operations go through the central company 🏢
Pros:
💨 Fast transactions
📈 High liquidity
📱 User-friendly interfaces
🛡️ Account support and protection
Cons:
🔐 You do not control your private keys ("not your keys — not your coins")
⚠️ Risks of blocking/regulation
🕵️ KYC is re
View OriginalIn the world of cryptocurrencies, the choice between centralized (CEX) and decentralized (DEX) exchanges is one of the first dilemmas for beginners 🤔. Let's figure out the difference, pros, and cons of each option 🔍.
🔹 CEX — Centralized Exchanges
All operations go through the central company 🏢
Pros:
💨 Fast transactions
📈 High liquidity
📱 User-friendly interfaces
🛡️ Account support and protection
Cons:
🔐 You do not control your private keys ("not your keys — not your coins")
⚠️ Risks of blocking/regulation
🕵️ KYC is re
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Thank you very much for your information. Regards… ☘️🌻☘️:Load More
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