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Questions tagged [cex withdrawal]

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DaeguDivaDanceQueen DaeguDivaDanceQueen Wed Oct 09 2024 | 5 answers 753

What is the difference between cex withdrawal and dex swap?

I want to understand the difference between cex withdrawal, where I take out my crypto from a centralized exchange, and dex swap, where I exchange crypto on a decentralized platform.

What is the difference between cex withdrawal and dex swap?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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