Cryptocurrency Q&A Why trade on Dex vs CEX?

Why trade on Dex vs CEX?

Federica Federica Wed Oct 23 2024 | 5 answers 1537
I'm exploring the differences between trading on a decentralized exchange (Dex) and a centralized exchange (CEX). I want to understand the advantages and disadvantages of each platform before making a decision on where to trade. Why trade on Dex vs CEX?

5 answers

Bianca Bianca Fri Oct 25 2024
This unique feature of DEXs presents users with an opportunity to invest in promising projects at an early stage.

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CryptoProphet CryptoProphet Fri Oct 25 2024
Users can gain access to tokens that have not yet been listed on centralized exchanges (CEXs) through DEXs.

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Martino Martino Fri Oct 25 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. These services include spot trading, futures trading, and a secure wallet.

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henry_taylor_architect henry_taylor_architect Fri Oct 25 2024
DEXs operate in a permissionless manner which allows new projects to list their tokens seamlessly.

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CryptoVanguard CryptoVanguard Fri Oct 25 2024
By leveraging DEXs, projects can create liquidity pools that facilitate trading and enhance market efficiency.

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