What are crypto exchanges and why do I need one. - Learn about CEXs, DEXs, why you need them and how to use them from this blog.
09 Aug 2022, 11:00
What are crypto exchanges and why do I need one?
- Learn about CEXs, DEXs, why you need them and how to use them from this blog
- Centralized cryptocurrency exchanges, or CEXs, are the most widely used form of crypto exchange worldwide
- Decentralized cryptocurrency exchanges, or DEXs, allow you to exchange cryptocurrency directly with other users without using an intermediary
- If you’re new to cryptocurrency trading, it’s probably best to start with a CEX and learn how the market works
- DEXs provide an opportunity to take advantage of decentralized finance (DeFi)