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Home» Questions»Q 145264
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Slaky12
Slaky12Knowledge Seeker
Asked: May 3, 20242024-05-03T01:23:28+00:00 2024-05-03T01:23:28+00:00In: Crypto & Forex

What is the difference between Cex and Dex in cryptocurrency?


Dex and Cex are two different in cryptocurrency Cex  exchanges Normally offer more user-friendly interfaces and customer support services. While Dex in cryptocurrency exchanges may have a steeper learning curve for users unfamiliar with blockchain technology and may lack robust customer support

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  1. Mika
    Mika Expert Mind
    2024-05-03T03:52:11+00:00Added an answer on May 3, 2024 at 3:52 am

    Cryptocurrency is basically a decentralized money. To buy, sell, trade you need a crypto exchange. Crypto exchange can be basically two types, one centralized exchange (CEX), and two, decentralized exchange (DEX). Centralized exchange means an exchange that is owned by people. decentralized exchangeRead more

    Cryptocurrency is basically a decentralized money. To buy, sell, trade you need a crypto exchange. Crypto exchange can be basically two types, one centralized exchange (CEX), and two, decentralized exchange (DEX). Centralized exchange means an exchange that is owned by people. decentralized exchange means an exchange that does not have any particulatr owner. There are pros and cons of using both CEX and DEX

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