Selling  How does DEX differ from the centralized crypto exchange platform?

Discussion in 'Currency Exchange - Buy Sell Trade' started by joepaul, 1/10/24.

  1. joepaul

    joepaul
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    That is to say, for crypto traders there two major types of crypto exchange platforms are available. That is a centralized and decentralized exchange platform. CEX contains the following things

    • Surely required KYC

    • Transactions happen in the fastest

    • Trading was happening via exchange

    • It functions under regulation

    Decentralized Exchange script contains the following beneficial terms

    • Crypto trading happens in an anonymous way

    • Collect low fees for doing activities on the platform

    • Trading happens in a P2P way

    Both are useful for crypto traders just cut them into two types by giving a preference shown by them.
     
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