About centralized and decentralized exchanges:
On CEXs, typically only deposits and withdrawals generate on-chain transactions; trades within the platform only update the platform's recorded balances.
The biggest difference between the two is who holds the assets: on CEXs, the platform holds them in custody; on DEXs, users hold their own private keys.
$BNB 715.67（+2.35%）
#币安将恢复更多资产提现
For reference only. Use at your own risk.
On CEXs, typically only deposits and withdrawals generate on-chain transactions; trades within the platform only update the platform's recorded balances.
The biggest difference between the two is who holds the assets: on CEXs, the platform holds them in custody; on DEXs, users hold their own private keys.
$BNB 715.67（+2.35%）
#币安将恢复更多资产提现
For reference only. Use at your own risk.