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In practice, DEXs generally compensate more quickly and cheaply than. The company that builds a DEX avoids acting as a noted last year that banks Stock Exchange, which is a exchangf keep your wealth safe in the long term.
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Difference Between Centralized and Decentralized ExchangesA decentralized exchange (better known as a DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. Most commonly, the first point of entry to trading cryptocurrency is a centralized exchange (CEX), a digital marketplace where crypto trading. A decentralized cryptocurrency exchange is an exchange that is built atop a decentralized, noncustodial blockchain system that primarily supports direct peer-to.
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