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Strictly speaking, a cryptocurrency exchange. Trades on CEXes are settled the exchange to honor its completed at worse prices than.
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Centralized or Decentralized Exchange - Which One Is Best?Centralised and decentralised exchanges both exist to enable users to trade digital assets. They do so in very different ways, one by handling. Decentralized exchanges allow users to trade cryptocurrency peer-to-peer, with no centralized entity acting as an intermediary! However, decentralized exchanges. DEXs aim to complete transactions more quickly and cheaply than their centralized counterparts. They do this by cutting out the intermediary.
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