dizzy
@dizzy
What's the difference between #centralized (CEX) and #decentralized (DEX) exchanges? Centralized Exchanges (CEX): - Controlled by a single entity - Users deposit funds into exchange wallets - Faster transactions, but higher risk of hacking Decentralized Exchanges (DEX): - Operate on blockchain technology - Users retain control of their funds - Slower transactions, but enhanced security and transparency Choose the exchange that suits your needs! #cryptocurrency
0 reply
0 recast
1 reaction
