Are you searching on the internet for what happens between CEX & DEX cryptocurrency exchanges, And what do they mean? and which of them wallets is better.
Friends Today I will tell you What is CEX & DEX Exchanges and which one is best for you.
What is CEX & DEX Exchanges Between ?
What are CEX Crypto Exchanges?
CEX Means Centralized Crypto Exchanges Wallets, On this exchange, Funds are not safe and secure, these funds are another user who handles control of the money to a middleman. On this exchange, just your Login email and password for use exchange other factors available for secure and safe but there are chances of hacking account are highly risky.Centralized cryptocurrency exchanges are online platforms used to buy and sell cryptocurrencies. They are the most common means that investors use to buy and sell cryptocurrency holdings, is the most common measure online and live to trading low price crypto buy and higher up price crypto sell and a short time profit save.
- Huobi Global
What is DEX Crypto Exchanges?
DEX Means Decentralized Crypto Exchanges Wallets, In these exchange funds crypto coins are very secure and safe for a long time holding a huge profit buy and sell crypto means new coins and token lunch for lifetime holding is best and better Centralized Crypto Exchanges. Because user control is funds are at your disposal.
This is Crypto Exchanges and wallets are very secure because it's in your control in hands. To use these wallets first the download mobile app or ye pc browser extension install and create a Reveal Secret Recovery Phrase Key. This Secret Recovery Phrase Key is very important for uninstalling after app and browser extension, Note Keep and safe Phrase Key in your pc and mobile txt file document but no one knows about it, nor is it lost anywhere, Otherwise your funds are lost.But there is a problem with Exchange wallets, Centralized Exchanges Wallets, Decentralized cryptocurrency exchanges are not online used platforms to buy and sell for cryptocurrencies.
- Trust Wallets
- Uniswap (V3)
- PancakeSwap (V2)
- 1inch Liquidity Protocol
- Uniswap (V2)