What's the difference between CEXs and DEXs? Don't worry—here's the quick rundown:
Many DEXs don't have order books. Instead, they use liquidity pools and automated market-making algorithms to set prices, like Uniswap on Ethereum.
CEXs generally offer fiat on-ramps, customer support, and account recovery services—but you have to trust the platform's risk controls and asset management.
In crypto, the costliest thing has never been transaction fees; it's the price of not understanding the rules.
$BNB 705.03（+0.52%）
#BNB
Many DEXs don't have order books. Instead, they use liquidity pools and automated market-making algorithms to set prices, like Uniswap on Ethereum.
CEXs generally offer fiat on-ramps, customer support, and account recovery services—but you have to trust the platform's risk controls and asset management.
In crypto, the costliest thing has never been transaction fees; it's the price of not understanding the rules.
$BNB 705.03（+0.52%）
#BNB