How does a CEX work?

How does a centralised exchange (CEX) work? Centralised exchanges that support digital assets receive orders from individual or institutional clients and they typically match buy and sell orders that have the same price .19 Ağu 2021

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Is Binance CEX or DEX?

Binance, Bitmax, Bitfinex, CEX.io, Kraken, and OKEx are examples of CEX . Advantages of CEX : High trading volume and high liquidity As CEX is famous and used by a lot of active users who buy/sell their assets, it results in high trading volume compared to DEX. High trading volume effect on high liquidity as well.

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