When asked, “What’s the difference between a CEX and a DEX?” I usually answer like this: Uniswap launched on Ethereum in November 2018 and was one of the earlier decentralized exchanges to adopt AMM. $UNI is its governance token. On DEXs, anyone can create a new pool, so the barrier to launching new tokens is low, and fake tokens with the same name are more common. To identify a token, check its contract address.
$BNB 749.26 (+1.12%)
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