【Definition】What’s the difference between CEX and DEX?
On a CEX, usually only deposits and withdrawals generate on-chain transactions; buying and selling on the platform merely changes the balance recorded by the platform.
CEXs generally offer services such as fiat currency access, customer support, and account recovery, but you need to trust the platform’s risk controls and asset management.
$BNB is the primary token of the Binance ecosystem and the native currency used to pay gas fees on BNB Smart Chain.
Don’t put all your savings into a single project.
On a CEX, usually only deposits and withdrawals generate on-chain transactions; buying and selling on the platform merely changes the balance recorded by the platform.
CEXs generally offer services such as fiat currency access, customer support, and account recovery, but you need to trust the platform’s risk controls and asset management.
$BNB is the primary token of the Binance ecosystem and the native currency used to pay gas fees on BNB Smart Chain.
Don’t put all your savings into a single project.