EclipseChaser
Mon Oct 07 2024
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7 answers
1815
How long does CEX verification take?
I'm curious to know, when it comes to the process of verifying my identity on a Centralized Exchange (CEX), how long can I expect this verification to take? Is it a quick and straightforward procedure, or does it often involve a longer wait time? Additionally, are there any factors that can impact the duration of the verification process, such as the volume of users currently undergoing verification or the specific requirements of the CEX in question? I'd appreciate any insights you can provide on this matter.
AmethystEcho
Mon Oct 07 2024
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5 answers
974
What are the cons of CEX?
Are there any drawbacks to using centralized exchanges, or CEXs, for cryptocurrency trading? For instance, do they pose any risks to user funds, or are there any limitations in terms of the range of cryptocurrencies they support? Additionally, are there any concerns regarding their level of transparency and regulation, or could their centralized nature potentially lead to issues with scalability and speed? Understanding these potential cons can help traders make more informed decisions when selecting a cryptocurrency exchange.
Nicola
Mon Oct 07 2024
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0 answers
0
Why use Dex instead of Cex?
Could you elaborate on the benefits of using a decentralized exchange (DEX) over a centralized exchange (CEX) in the world of cryptocurrency? Are there specific advantages that DEXs offer, such as enhanced security, greater control over assets, or reduced fees? How do these factors compare to the experience of trading on a CEX, and what are some of the potential drawbacks of choosing a DEX over a CEX? Additionally, could you provide some real-world examples of popular DEXs and how they differ from CEXs in practice?
FantasylitElation
Mon Oct 07 2024
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5 answers
744
How do I get my money from CEX?
Hello there, I'm curious about something regarding cryptocurrency exchanges. I've been trading on a CEX platform and have accumulated some funds there. However, I'm a bit unsure about how to withdraw my money from the platform. Could you guide me through the process? What steps should I follow to ensure a smooth and secure withdrawal? Are there any fees involved? Additionally, how long does it typically take for the funds to reach my bank account or cryptocurrency wallet? Thank you in advance for your help.
SakuraBlooming
Mon Oct 07 2024
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6 answers
1806
Do you need a membership to sell at CeX?
Excuse me, could you please clarify if one is required to possess a membership in order to engage in selling activities at CeX? I'm particularly interested in understanding if there's a prerequisite of membership for individuals looking to sell their items through the CeX platform. It would be greatly appreciated if you could shed some light on this matter.
