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Cryptocurrency Q&A What does CEX do?

What does CEX do?

Tommaso Tommaso Fri Sep 27 2024 | 5 answers 980
Could you please elaborate on the role and functions of a Centralized Exchange (CEX) in the cryptocurrency ecosystem? How does it differ from a Decentralized Exchange (DEX), and what are some of the key services that a CEX typically provides to its users? Also, could you discuss any potential risks or drawbacks associated with using a CEX for cryptocurrency trading? What does CEX do?
cex does what

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