Is Binance us DEX?

There’s the decentralized exchange (DEXs) and the centralized exchange . Coinbase, Binance, and most major exchanges are centralized.

Currently, 29 countries, including the US, are blocked from using Binance DEX due to trading restrictions . Before we dive into the full review of the service as a whole, it’s worth spending a little time clarifying what a decentralized exchange (DEX) is, and how Binance DEX differs from Binance’s main exchange.5 Şub 2021

— DEX stands for Decentralized exchange while CEX stands for centralized exchange . They both refer to platforms where crypto users can exchange, buy and sell cryptocurrency, seamlessly.11 Oca 2022