I was asked: What’s the difference between a CEX and a DEX?
My answer: Uniswap launched on Ethereum in November 2018 and was one of the earliest decentralized exchanges to adopt AMM. $UNI is this protocol’s governance token. CEXs typically provide services such as fiat deposits and withdrawals, customer support, and account recovery, but you have to trust the platform to keep your assets secure and manage them responsibly.
$BNB 704.51（-1.61%）
If anything wasn’t clear, leave me a comment.
#BNB
My answer: Uniswap launched on Ethereum in November 2018 and was one of the earliest decentralized exchanges to adopt AMM. $UNI is this protocol’s governance token. CEXs typically provide services such as fiat deposits and withdrawals, customer support, and account recovery, but you have to trust the platform to keep your assets secure and manage them responsibly.
$BNB 704.51（-1.61%）
If anything wasn’t clear, leave me a comment.
#BNB
