What's the difference between CEXs and DEXs? Many people can't answer!
Every swap on a DEX is an on-chain transaction, so you have to pay the blockchain's gas fee.
The fundamental difference is who holds the assets: on a CEX, the platform holds them for you; on a DEX, users control their own private keys.
Be wary of projects that promise stable, high returns.
$BNB 675.69(-0.75%)
Every swap on a DEX is an on-chain transaction, so you have to pay the blockchain's gas fee.
The fundamental difference is who holds the assets: on a CEX, the platform holds them for you; on a DEX, users control their own private keys.
Be wary of projects that promise stable, high returns.
$BNB 675.69(-0.75%)