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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Does Binance have a DEX?

Binance DEX is a decentralized exchange created by Binance and powered by the company’s Binance Coin (BNB) . It offers lower fees and improved security over centralized exchanges. However, it also has a steeper learning curve, and is best suited to experienced crypto users.5 Şub 2021

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