₿ Crypto & Markets
DEX vs CEX
Also called: dex, cex, exchange
A CEX (centralized exchange, e.g. Binance) is run by a company that holds your funds — simple and liquid, but “not your keys, not your coins.” A DEX (decentralized exchange, e.g. Uniswap) lets you keep your funds in your own wallet and trade without a middleman — sovereign, but more technical and sometimes less liquid.
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