What’s the difference between CEXs and DEXs? Many people can’t answer!
Decentralized exchanges (DEXs) use smart contracts to make swaps. You sign transactions with your own wallet, and your coins stay in your wallet until the trade is completed.
The biggest difference is who holds your assets: on a CEX, the platform holds them; on a DEX, you hold your own private keys.
There’s no shame in taking it slow. Staying in the market matters more than how much you make on any one trade.
$BNB 747.98（+0.66%）
#BNB
Decentralized exchanges (DEXs) use smart contracts to make swaps. You sign transactions with your own wallet, and your coins stay in your wallet until the trade is completed.
The biggest difference is who holds your assets: on a CEX, the platform holds them; on a DEX, you hold your own private keys.
There’s no shame in taking it slow. Staying in the market matters more than how much you make on any one trade.
$BNB 747.98（+0.66%）
#BNB