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- Wpisy
Crypto exchanges are integral to the structure of the cryptocurrency market, enabling users to exchange, purchase, or offload digital assets.
Crypto exchanges can be divided into two main categories: centralized and decentralized platforms.
Centralized exchanges (CEXs) depend on third-party operators, offering ease of use for users.
However, users must trust the exchange, which introduces potential security concerns.
Conversely, decentralized exchanges (DEXs) enable users to transact independently. Relying on decentralized infrastructure, DEXs enhance security but may challenge beginners due to technical interfaces.To select the right crypto exchange platform exchange, users must assess usability, safety, and costs. By understanding the distinct qualities of CEXs and DEXs, individuals are better equipped to navigate the crypto space.
