Centralized vs. Decentralized Exchanges: What's the Difference?

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When you first step into the world of crypto trading, one of the biggest decisions you’ll face is where to trade: on a centralized exchange (CEX) or a decentralized exchange (DEX). Each has its own set of features, benefits, and trade-offs. This beginner-friendly guide will help you understand how they differ, so you can choose the platform that suits your goals and risk tolerance.


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