What’s the difference between a CEX and a DEX?
Decentralized exchanges (DEXs) use smart contracts to process trades. Users sign transactions with their own wallets, and their assets stay in their wallets until the trade is executed.
Anyone can create a new pool on a DEX, so the barrier to entry is low and fake tokens are more common. Check the contract address to verify a token.
$BNB is both a core token in the Binance ecosystem and the native coin used to pay gas fees on BNB Smart Chain. Current price: 745.55.
Verify information from multiple sources before making a decision. Don’t rely on just one person’s claims.
#BNB
Decentralized exchanges (DEXs) use smart contracts to process trades. Users sign transactions with their own wallets, and their assets stay in their wallets until the trade is executed.
Anyone can create a new pool on a DEX, so the barrier to entry is low and fake tokens are more common. Check the contract address to verify a token.
$BNB is both a core token in the Binance ecosystem and the native coin used to pay gas fees on BNB Smart Chain. Current price: 745.55.
Verify information from multiple sources before making a decision. Don’t rely on just one person’s claims.
#BNB