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Cryptocurrency Q&A What is the purpose of CEX?

What is the purpose of CEX?

Silvia Silvia Sat Sep 28 2024 | 5 answers 1306
Could you please explain, in simple terms, what is the primary purpose of a centralized exchange, or CEX, in the world of cryptocurrency? How does it differ from other types of exchanges, and what kind of services does it offer to users? Additionally, are there any risks associated with using a CEX that investors should be aware of? What is the purpose of CEX?
cex purpose cryptocurrency exchange

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