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CEX vs DEX · definition | The Book Of Blocks

The knowledge atlas/CEX vs DEX

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CEX vs DEX

1 min readQuick definition

The essential idea

CEXs are convenient and custodial. DEXs keep keys with you and shift risk to contracts and signatures.

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The definition
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A starting point

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This entry has a concise definition. A detailed, sourced reading is still to come.

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CompaniesCentralized exchange (CEX)↗DeFiDecentralized exchange (DEX)↗