CEXs
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#deceEducational Post
What is transaction cost/fees?
Although crypto doesn't have a central bank or government, you still need to pay transaction costs to transfer these coins.
Blockchains such as Bitcoin (BTC) have built-in "network fees" that go to BTC miners. Since Bitcoin is a decentralized network, these crypto fees incentivize more people to use their computing power to validate BTC transactions. The higher the hash power is on the Bitcoin blockchain, the more resilient it is against hacks.
Many other blockchains, such as Ethereum (ETH), charge transaction costs known as “gas fees.” Similar to Bitcoin's network fees, these gas payments go to the node operators who confirm transactions on Ethereum's blockchain.
Individuals must also pay transaction fees when using centralised crypto exchanges (CExs). CEXs provide a centralized hub for buying and selling digital assets like stock brokerage websites. Every CEX has a different fee structure, but most charge commissions as well as withdrawal and deposit fees.
#educational_post #BlockchainCommunity #CEXs #TrendingTopic
What is transaction cost/fees?
Although crypto doesn't have a central bank or government, you still need to pay transaction costs to transfer these coins.
Blockchains such as Bitcoin (BTC) have built-in "network fees" that go to BTC miners. Since Bitcoin is a decentralized network, these crypto fees incentivize more people to use their computing power to validate BTC transactions. The higher the hash power is on the Bitcoin blockchain, the more resilient it is against hacks.
Many other blockchains, such as Ethereum (ETH), charge transaction costs known as “gas fees.” Similar to Bitcoin's network fees, these gas payments go to the node operators who confirm transactions on Ethereum's blockchain.
Individuals must also pay transaction fees when using centralised crypto exchanges (CExs). CEXs provide a centralized hub for buying and selling digital assets like stock brokerage websites. Every CEX has a different fee structure, but most charge commissions as well as withdrawal and deposit fees.
#educational_post #BlockchainCommunity #CEXs #TrendingTopic
Time to follow Smart Money - $PEPE is currently in a Suitable Buying Zone! 🎅🚀
We noticed that some Smart Money on #DEXs have accumulated $PEPE , a total of 532.79B PEPE ~ $700.4K, avg price = 0.0xx14
The last time they bought $PEPE , price skyrocketed in the next 5-6 days.
We also saw an increase in the balance of $PEPE by Smart Money on #CEXs over the past few days.
Does Onchain Signals really help you now? Follow us for more!
We noticed that some Smart Money on #DEXs have accumulated $PEPE , a total of 532.79B PEPE ~ $700.4K, avg price = 0.0xx14
The last time they bought $PEPE , price skyrocketed in the next 5-6 days.
We also saw an increase in the balance of $PEPE by Smart Money on #CEXs over the past few days.
Does Onchain Signals really help you now? Follow us for more!
𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟭𝟵, 𝟮𝟬𝟮𝟰
🔥🔥 BREAKING: BNBChain 💰 has announced a partnership with major centralized exchanges (#CEXs ) and other platforms to facilitate gasless stablecoin transfers.
🔥 BREAKING: WisdomTree launches RWA tokenisation platform on #Ethereum 💰 for businesses and institutions.
🔥 Bitwise CIO says : It’s cool to hate #Ethereum 💰 right now. I bet this ends up looking silly. Ether prices have struggled in 2024. However, the “Microsoft of blockchains” offers a potential contrarian bet into year-end.
🔥 BREAKING: MicroStrategy increased its capital raising by an extra +$175m. It will now raise $875 million to buy more #Bitcoin 🥇 and potentially raise another $135m within two weeks.
⚡️ JUST IN : Revolut, a popular Financial Tech Company, is reportedly in the process of developing its own #Stablecoin .
🔥🔥 BREAKING: BNBChain 💰 has announced a partnership with major centralized exchanges (#CEXs ) and other platforms to facilitate gasless stablecoin transfers.
🔥 BREAKING: WisdomTree launches RWA tokenisation platform on #Ethereum 💰 for businesses and institutions.
🔥 Bitwise CIO says : It’s cool to hate #Ethereum 💰 right now. I bet this ends up looking silly. Ether prices have struggled in 2024. However, the “Microsoft of blockchains” offers a potential contrarian bet into year-end.
🔥 BREAKING: MicroStrategy increased its capital raising by an extra +$175m. It will now raise $875 million to buy more #Bitcoin 🥇 and potentially raise another $135m within two weeks.
⚡️ JUST IN : Revolut, a popular Financial Tech Company, is reportedly in the process of developing its own #Stablecoin .
GTAI will be listed on new exchanges in 2 days. 🔥💯
An exciting announcement is expected for $GTAI this Wednesday. The announcement of the new exchange listing symbolizes an important step in our growth and expansion journey. Listing on a new CEX will allow our project to reach a wider audience and further strengthen our community.
Don't miss updates Keep following us and be the first to learn all the details!
#GTAI #GTProtocol #CEXs
An exciting announcement is expected for $GTAI this Wednesday. The announcement of the new exchange listing symbolizes an important step in our growth and expansion journey. Listing on a new CEX will allow our project to reach a wider audience and further strengthen our community.
Don't miss updates Keep following us and be the first to learn all the details!
#GTAI #GTProtocol #CEXs
🚀 Exciting News from Islamic Coin International! $ISLM Phase 3 Private Sale Now Open! 🌐
Discover the native currency of #HAQQ Network – $ISLM, fueling a Proof-of-Stake blockchain committed to an ethics-first, Shariah-compliant financial ecosystem.
🛑 No Mining, No Official Apps $ISLM cannot be mined, and there are no official mining apps. A groundbreaking approach to crypto!
💼 Exclusive Phase 3 Private Sale Open exclusively to Institutional Investors and HNWIs. Don't miss the chance to be part of this revolutionary financial ecosystem.
📈 Coming Soon to Top-tier CEXs and DEXs After the private sale, $ISLM will soon hit top-tier Centralized and Decentralized Exchanges. Stay tuned for the grand listing!
🌐 Connect with Us on Discord and Telegram Join our community to stay updated and engage in discussions. Your journey into a Shariah-compliant financial future begins here!
#ISLM #CryptoNews #HAQQNetwork #Blockchain #PrivateSale #CEXs #DEXs #binanacesquare
Discover the native currency of #HAQQ Network – $ISLM, fueling a Proof-of-Stake blockchain committed to an ethics-first, Shariah-compliant financial ecosystem.
🛑 No Mining, No Official Apps $ISLM cannot be mined, and there are no official mining apps. A groundbreaking approach to crypto!
💼 Exclusive Phase 3 Private Sale Open exclusively to Institutional Investors and HNWIs. Don't miss the chance to be part of this revolutionary financial ecosystem.
📈 Coming Soon to Top-tier CEXs and DEXs After the private sale, $ISLM will soon hit top-tier Centralized and Decentralized Exchanges. Stay tuned for the grand listing!
🌐 Connect with Us on Discord and Telegram Join our community to stay updated and engage in discussions. Your journey into a Shariah-compliant financial future begins here!
#ISLM #CryptoNews #HAQQNetwork #Blockchain #PrivateSale #CEXs #DEXs #binanacesquare
Orion presents Lumia, the liquidity layer of Web3.
Orion introduces Lumia, a liquidity infrastructure protocol interconnecting Layer1 and #Layer2 with boundless liquidity from #CEXs and #DEXs. This division allows Orion to improve its user-centered DeFi services while Lumia sets out to build a complete liquidity network.
Lumia aims to provide deep, reliable, and competitively priced liquidity on demand to all businesses, whether in #Web3 or #Web2, not just exchanges.
👉 https://orion.xyz/lumia/
Orion introduces Lumia, a liquidity infrastructure protocol interconnecting Layer1 and #Layer2 with boundless liquidity from #CEXs and #DEXs. This division allows Orion to improve its user-centered DeFi services while Lumia sets out to build a complete liquidity network.
Lumia aims to provide deep, reliable, and competitively priced liquidity on demand to all businesses, whether in #Web3 or #Web2, not just exchanges.
👉 https://orion.xyz/lumia/
PEPE Team Moves 16 Trillion Tokens to Exchanges, Triggers Price Plunge
In a startling development, the #pepe team’s official wallet address transferred approximately 16 trillion PEPE tokens, equivalent to around $15.08 million, to four different Central Exchanges (CEXs). This significant transfer was followed by a 15% drop in the price of PEPE tokens, adding to market uncertainty around the project.
The situation was further complicated when changes were observed in the project’s multi-signature wallet. Previously requiring 5 out of 8 signatories to validate a transaction, the wallet’s security settings were altered to need only 2 out of 8 signatories. Of the team’s wallet that originally held 29 trillion PEPE tokens, 18.3 trillion have now been moved to #CEXs .
$PEPE
#BinanceTournament
#Worldcoin
#crypto2023
In a startling development, the #pepe team’s official wallet address transferred approximately 16 trillion PEPE tokens, equivalent to around $15.08 million, to four different Central Exchanges (CEXs). This significant transfer was followed by a 15% drop in the price of PEPE tokens, adding to market uncertainty around the project.
The situation was further complicated when changes were observed in the project’s multi-signature wallet. Previously requiring 5 out of 8 signatories to validate a transaction, the wallet’s security settings were altered to need only 2 out of 8 signatories. Of the team’s wallet that originally held 29 trillion PEPE tokens, 18.3 trillion have now been moved to #CEXs .
$PEPE
#BinanceTournament
#Worldcoin
#crypto2023
[Weekly Report] Which tokens Smart Money accumulated the most from January 06 to 13? 🤔
Below are the Top 10 tokens tracked on #DEXs by day 👇 Some tokens show positive signals 🐳
1. $MKR : $591.7K
2. $ORDS: $466.4K
3. $CRV : $424.9K
4. $BITCOIN: $420.1K
5. $BLUR : $350.2K
6. $gOHM: $348.2K
7. $GHO: $312.3K
8. $OLAS: $290.3K
9. $OHM: $201.9K
10. $AXL: $201.5K
We will help you to analyze the capital flows on #CEXs to see if it really has potential.
-------------
*BLUR (Image 2)
Blur can be back because in around 2 days, Smart Money on CEXs has bought +3.7M #BLUR. (+$2.1M). --> Indicating that both Smart Traders on Exchange are trying to accumulate BLUR as much as possible. --> Potential to pump.
--------------
*CRV (Image 3)
Back to 0.6 when Smart Money on CEX also bought +790.51K ~ +$431.9K, increased their total holding more +4.79%
Below are the Top 10 tokens tracked on #DEXs by day 👇 Some tokens show positive signals 🐳
1. $MKR : $591.7K
2. $ORDS: $466.4K
3. $CRV : $424.9K
4. $BITCOIN: $420.1K
5. $BLUR : $350.2K
6. $gOHM: $348.2K
7. $GHO: $312.3K
8. $OLAS: $290.3K
9. $OHM: $201.9K
10. $AXL: $201.5K
We will help you to analyze the capital flows on #CEXs to see if it really has potential.
-------------
*BLUR (Image 2)
Blur can be back because in around 2 days, Smart Money on CEXs has bought +3.7M #BLUR. (+$2.1M). --> Indicating that both Smart Traders on Exchange are trying to accumulate BLUR as much as possible. --> Potential to pump.
--------------
*CRV (Image 3)
Back to 0.6 when Smart Money on CEX also bought +790.51K ~ +$431.9K, increased their total holding more +4.79%
💰Eighteen months after #Celsius Network paused withdrawals, the bankrupt crypto lender has started distributing over $3B of #cryptocurrency to creditors.
According to The Plan, the company will distribute over $3 billion of cryptocurrency and fiat to Celsius’ creditors, and create a new #Bitcoin mining company—Ionic Digital.
The company has been depositing $ETH on major #CEXs for the past 3 months, moving a total of 847,626 $ETH (~$1.90B). The last transaction included a deposit of 67,500 $ETH ($156.5M) to Coinbase Prime.
If you want to follow Celsius' transactions on-chain and see when they will distribute the remaining $153.9M in crypto remaining in their treasury, there are 19 addresses you should look for. These are the addresses the bulk of the crypto is held on:
👉0x41318419cfa25396b47a94896ffa2c77c6434040
👉0x455257963812c008ce8edf3d08cb48e95c8aa2e2
👉0xf87143bb93b44a45fe886e1e09a581712f917665
👉0x79439b8a895d347e47cebea8a39bc8b3d9a20f63
👉0xdb31651967684a40a05c4ab8ec56fc32f060998d
👉0xc131701ea649afc0bfcc085dc13304dc0153dc2e
👉0x4a87ecdfb459eb36d25226d9ccd7ec4f684ab3fc
Fortunately for us, the company won't sell its crypto holdings and distribute cash, but will rather directly send crypto to its users.
This will not put pressure on the market, which means that we should not expect any declines in prices🚀
#TrendingTopic
According to The Plan, the company will distribute over $3 billion of cryptocurrency and fiat to Celsius’ creditors, and create a new #Bitcoin mining company—Ionic Digital.
The company has been depositing $ETH on major #CEXs for the past 3 months, moving a total of 847,626 $ETH (~$1.90B). The last transaction included a deposit of 67,500 $ETH ($156.5M) to Coinbase Prime.
If you want to follow Celsius' transactions on-chain and see when they will distribute the remaining $153.9M in crypto remaining in their treasury, there are 19 addresses you should look for. These are the addresses the bulk of the crypto is held on:
👉0x41318419cfa25396b47a94896ffa2c77c6434040
👉0x455257963812c008ce8edf3d08cb48e95c8aa2e2
👉0xf87143bb93b44a45fe886e1e09a581712f917665
👉0x79439b8a895d347e47cebea8a39bc8b3d9a20f63
👉0xdb31651967684a40a05c4ab8ec56fc32f060998d
👉0xc131701ea649afc0bfcc085dc13304dc0153dc2e
👉0x4a87ecdfb459eb36d25226d9ccd7ec4f684ab3fc
Fortunately for us, the company won't sell its crypto holdings and distribute cash, but will rather directly send crypto to its users.
This will not put pressure on the market, which means that we should not expect any declines in prices🚀
#TrendingTopic
$BEAMX - You are in the right entry zone for #BEAMX don't miss out.
Overall with Onchain data proves BEAM is in a good potential pump:
1. In the last 7D, Smart Traders on #DEXs has accumulated 144.86M $BEAM ~ $2.45M with the average price = 0.02.
2. Whale began to buy BEAM from 6 days ago, specifically at 1.37 billion BEAM ~ $23.29M
3. Smart Money on #CEXs also increased their BEAM balance recently, specifically at +1.05B ~ +$17.81M.
4. The DIP in 30 recent days is approximate with the entry price now, around 0.017.
-------------------
Please note that: Do your own research and analyze the technical chart to be confident buying BEAM.
Overall with Onchain data proves BEAM is in a good potential pump:
1. In the last 7D, Smart Traders on #DEXs has accumulated 144.86M $BEAM ~ $2.45M with the average price = 0.02.
2. Whale began to buy BEAM from 6 days ago, specifically at 1.37 billion BEAM ~ $23.29M
3. Smart Money on #CEXs also increased their BEAM balance recently, specifically at +1.05B ~ +$17.81M.
4. The DIP in 30 recent days is approximate with the entry price now, around 0.017.
-------------------
Please note that: Do your own research and analyze the technical chart to be confident buying BEAM.
See original
Launchpad & Co
Have you ever wondered what Launchpad is for?
Nothing comes for free.
Exchanges pursue their goals using their resource - you and me.
This seems like a good deal, but what is hidden behind this, how does the exchange monetize us?
Obvious
— Selling audience loyalty to the mining/listing project.
(The exchange receives tokens for free or a favorable purchase offer)
— Spot trading commissions.
— Speculation in the volume and value of the exchange token.
Non-obvious (this is more interesting, especially for an inexperienced user)
— Commissions for futures transactions.
(The exchange has a bunch of different fees, even if it's a utility token with 0% fee, you'll pay for the funding)
— Futures/margin liquidation.
(For example, traders long $BNB under the Launchpad and short upon completion.
Because of information garbage, they don’t pay attention to the news.
As a result, an impulsive transaction, loss of capital.
As an example, today's events in the Middle East. Everyone heard about the impending storm, but gave up. The market punished me harshly)
— The difference when buying and selling $BNB to participate in the event.
(Bought for 580, sold for 560 or hold it)
What non-obvious factors do you know?
#binance #CEXs #Launchpool #Futures_Trading
Have you ever wondered what Launchpad is for?
Nothing comes for free.
Exchanges pursue their goals using their resource - you and me.
This seems like a good deal, but what is hidden behind this, how does the exchange monetize us?
Obvious
— Selling audience loyalty to the mining/listing project.
(The exchange receives tokens for free or a favorable purchase offer)
— Spot trading commissions.
— Speculation in the volume and value of the exchange token.
Non-obvious (this is more interesting, especially for an inexperienced user)
— Commissions for futures transactions.
(The exchange has a bunch of different fees, even if it's a utility token with 0% fee, you'll pay for the funding)
— Futures/margin liquidation.
(For example, traders long $BNB under the Launchpad and short upon completion.
Because of information garbage, they don’t pay attention to the news.
As a result, an impulsive transaction, loss of capital.
As an example, today's events in the Middle East. Everyone heard about the impending storm, but gave up. The market punished me harshly)
— The difference when buying and selling $BNB to participate in the event.
(Bought for 580, sold for 560 or hold it)
What non-obvious factors do you know?
#binance #CEXs #Launchpool #Futures_Trading
🚨 $DOGS Token Alert: Market Manipulation Concerns 🚨
The $DOGS token is facing some serious scrutiny! 📉 With no lockup period and a significant portion of the supply held by centralized exchanges (CEXs), the risk of market manipulation is high.
Here's the lowdown:
- 🏷️ $DOGS at 0.0011077 (-1.29%)
- ⚠️ CEXs could create artificial buying frenzies, only to dump their holdings later, causing dramatic price crashes. 💥
- 📢 Recent tweets, like from LeonidasNFT, are raising red flags about potential "pump-and-dump" schemes.
Investors, beware! The lack of transparency and clear tokenomics can lead to massive losses if these manipulative practices take hold. Stay informed and cautious! 👀
What’s your take on this risky situation? Share your thoughts below! 👇🔥
#dogs #CryptoRisks #CryptoMarketMoves #CEXs #tokenomics
Here's the lowdown:
- 🏷️ $DOGS at 0.0011077 (-1.29%)
- ⚠️ CEXs could create artificial buying frenzies, only to dump their holdings later, causing dramatic price crashes. 💥
- 📢 Recent tweets, like from LeonidasNFT, are raising red flags about potential "pump-and-dump" schemes.
Investors, beware! The lack of transparency and clear tokenomics can lead to massive losses if these manipulative practices take hold. Stay informed and cautious! 👀
What’s your take on this risky situation? Share your thoughts below! 👇🔥
#dogs #CryptoRisks #CryptoMarketMoves #CEXs #tokenomics
FORWARD Takes Center Stage on Tier-1 Exchange! ✅
Get ready for a crypto adventure as $FORWARD lands on tier-1 exchange! Celebrate our CEX listing, trade seamlessly at tier-1 exchange starting February 6th, 11 AM UTC. Secure your positions now and join ForwardFrens in this exciting journey. 🚀
#ForwardProtocol #forward #CEXs #ForwardFrens #Write2Earn
Get ready for a crypto adventure as $FORWARD lands on tier-1 exchange! Celebrate our CEX listing, trade seamlessly at tier-1 exchange starting February 6th, 11 AM UTC. Secure your positions now and join ForwardFrens in this exciting journey. 🚀
#ForwardProtocol #forward #CEXs #ForwardFrens #Write2Earn
CRYPTO WALLETS 🛎️
It is not a trendy subject, but I would like to remind the new traders of what happens when #CEXs gets new regulation or it goes down due to a failure, hack or fraud.
Crypto wallets gets hype, big time actually! 🔥😜 Like what happened with #TrustWallet last to last year. Cold storing or less confidence in CEX during crash a lot of reason to use a crypto wallet.
In my personal opinion it is good to have one or more crypto wallets in mind in case you decided to use one. Following wallets proved their reliability over the years.
$TWT | $C98 | Exodus | Meta Mask
#StaySafeInTheCryptoWorld #Memecoins #BullorBear
It is not a trendy subject, but I would like to remind the new traders of what happens when #CEXs gets new regulation or it goes down due to a failure, hack or fraud.
Crypto wallets gets hype, big time actually! 🔥😜 Like what happened with #TrustWallet last to last year. Cold storing or less confidence in CEX during crash a lot of reason to use a crypto wallet.
In my personal opinion it is good to have one or more crypto wallets in mind in case you decided to use one. Following wallets proved their reliability over the years.
$TWT | $C98 | Exodus | Meta Mask
#StaySafeInTheCryptoWorld #Memecoins #BullorBear
Is DEX better than CEX for trading?
#Decentralized exchanges (DEXs) and centralized exchanges (CEXs) are two types of cryptocurrency exchanges. Each type has its own advantages and disadvantages, and traders must choose which one to use based on their preferences and trading goals. In this article, we'll explore the differences between DEXs and CEXs, and help you determine which one might be better for you.
Centralized Exchanges (CEX)
#CEXs are traditional cryptocurrency exchanges that are owned and operated by a central authority. They are similar to stock exchanges in that they provide a platform for traders to buy and sell cryptocurrencies. CEXs are easy to use, with an intuitive interface, and they have higher liquidity than DEXs.
One of the main advantages of CEXs is that they are more secure than DEXs. They use advanced security measures such as two-factor authentication, cold storage, and other security protocols to protect their users' funds. However, CEXs have a single point of failure, which makes them vulnerable to hacking attacks.
CEXs are also regulated by governments and comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. This means that traders must provide personal information, such as their name, address, and ID, to be able to use the platform. While this is good for security, it can also lead to privacy concerns.
Decentralized Exchanges (DEX)
DEXs, on the other hand, are peer-to-peer networks that allow users to buy and sell cryptocurrencies directly without the need for an intermediary. DEXs are decentralized, which means that they are not owned or controlled by a single entity, but rather by the community of users.
DEXs offer more privacy than CEXs since they don't require users to provide personal information to use the platform. Additionally, DEXs are more secure than CEXs because there is no single point of failure. However, because DEXs are still relatively new, they have lower liquidity than CEXs, which can result in higher spreads and slippage.
Which Exchange is Better?
Choosing between a DEX and a CEX depends on your #trading goals and preferences. If you prioritize security and regulation, a CEX is likely the better choice for you. However, if you value privacy and decentralization, a DEX is a better fit.
CEXs have higher liquidity, which means that traders can execute trades faster and at a better price. Additionally, CEXs offer a wider variety of trading tools, such as margin trading and stop-loss orders, that are not currently available on most DEXs.
On the other hand, DEXs are more decentralized and offer more privacy, which can be a significant advantage for some traders. Additionally, since DEXs are not subject to the same regulatory requirements as CEXs, they may be more accessible to users in countries with strict financial regulations.
Conclusion
In conclusion, both DEXs and CEXs have their advantages and disadvantages, and choosing between the two depends on your individual trading goals and preferences. If you prioritize security, regulation, and high liquidity, a CEX is likely the better choice. However, if you value privacy, decentralization, and are willing to sacrifice some liquidity, a DEX is the way to go. Ultimately, both types of exchanges are valuable tools for traders and are essential components of the cryptocurrency ecosystem.
Centralized Exchanges (CEX)
#CEXs are traditional cryptocurrency exchanges that are owned and operated by a central authority. They are similar to stock exchanges in that they provide a platform for traders to buy and sell cryptocurrencies. CEXs are easy to use, with an intuitive interface, and they have higher liquidity than DEXs.
One of the main advantages of CEXs is that they are more secure than DEXs. They use advanced security measures such as two-factor authentication, cold storage, and other security protocols to protect their users' funds. However, CEXs have a single point of failure, which makes them vulnerable to hacking attacks.
CEXs are also regulated by governments and comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. This means that traders must provide personal information, such as their name, address, and ID, to be able to use the platform. While this is good for security, it can also lead to privacy concerns.
Decentralized Exchanges (DEX)
DEXs, on the other hand, are peer-to-peer networks that allow users to buy and sell cryptocurrencies directly without the need for an intermediary. DEXs are decentralized, which means that they are not owned or controlled by a single entity, but rather by the community of users.
DEXs offer more privacy than CEXs since they don't require users to provide personal information to use the platform. Additionally, DEXs are more secure than CEXs because there is no single point of failure. However, because DEXs are still relatively new, they have lower liquidity than CEXs, which can result in higher spreads and slippage.
Which Exchange is Better?
Choosing between a DEX and a CEX depends on your #trading goals and preferences. If you prioritize security and regulation, a CEX is likely the better choice for you. However, if you value privacy and decentralization, a DEX is a better fit.
CEXs have higher liquidity, which means that traders can execute trades faster and at a better price. Additionally, CEXs offer a wider variety of trading tools, such as margin trading and stop-loss orders, that are not currently available on most DEXs.
On the other hand, DEXs are more decentralized and offer more privacy, which can be a significant advantage for some traders. Additionally, since DEXs are not subject to the same regulatory requirements as CEXs, they may be more accessible to users in countries with strict financial regulations.
Conclusion
In conclusion, both DEXs and CEXs have their advantages and disadvantages, and choosing between the two depends on your individual trading goals and preferences. If you prioritize security, regulation, and high liquidity, a CEX is likely the better choice. However, if you value privacy, decentralization, and are willing to sacrifice some liquidity, a DEX is the way to go. Ultimately, both types of exchanges are valuable tools for traders and are essential components of the cryptocurrency ecosystem.
New Advice from Elon Musk for Crypto Investors: “Never Forget This Detail!”
The saying "It's not your keys, it's your wallet", which is a phenomenon in the crypto world, will probably continue to be one of the details that investors should always keep in mind. Influential names such as #elonMusk also attracted attention with their new post reminding this detail.
This statement is a fundamental principle in the cryptocurrency community and emphasizes the importance of having private keys to one's digital assets. As cryptocurrencies become more popular day by day, it is really important to understand the functioning of centralized exchanges (CEXs) and the nature of asset ownership.
#CEXs operate as intermediaries that facilitate the buying, selling and trading of cryptocurrencies. Users deposit money into the exchange's wallets and transfer them to a place that also has control of these assets, and the places are actually intermediaries. In this arrangement, private keys are managed by the exchange and not by the individual user. This centralized control means that users entrust the security and availability of their assets to a third party, which can pose significant risks.
Same principle; It can also be applied to hold derivative cryptocurrency products such as wrapped assets, multi-layered assets, decentralized futures and regular perpetual assets. These financial instruments represent an underlying cryptocurrency but do not give the owner direct control of these crypto assets. Instead, they are generally subject to the terms and security of the issuing platform; This usually means that the user does not have the private keys.
#ElonMusk and other crypto advocates emphasize that true ownership in the digital asset space comes from holding one's private keys. The safest way to have direct control over your cryptocurrencies is to use a hardware wallet. These physical devices store the user's private keys offline, making them immune to online hacking attempts and unauthorized access.
$BTC $ETH $BNB
The saying "It's not your keys, it's your wallet", which is a phenomenon in the crypto world, will probably continue to be one of the details that investors should always keep in mind. Influential names such as #elonMusk also attracted attention with their new post reminding this detail.
This statement is a fundamental principle in the cryptocurrency community and emphasizes the importance of having private keys to one's digital assets. As cryptocurrencies become more popular day by day, it is really important to understand the functioning of centralized exchanges (CEXs) and the nature of asset ownership.
#CEXs operate as intermediaries that facilitate the buying, selling and trading of cryptocurrencies. Users deposit money into the exchange's wallets and transfer them to a place that also has control of these assets, and the places are actually intermediaries. In this arrangement, private keys are managed by the exchange and not by the individual user. This centralized control means that users entrust the security and availability of their assets to a third party, which can pose significant risks.
Same principle; It can also be applied to hold derivative cryptocurrency products such as wrapped assets, multi-layered assets, decentralized futures and regular perpetual assets. These financial instruments represent an underlying cryptocurrency but do not give the owner direct control of these crypto assets. Instead, they are generally subject to the terms and security of the issuing platform; This usually means that the user does not have the private keys.
#ElonMusk and other crypto advocates emphasize that true ownership in the digital asset space comes from holding one's private keys. The safest way to have direct control over your cryptocurrencies is to use a hardware wallet. These physical devices store the user's private keys offline, making them immune to online hacking attempts and unauthorized access.
$BTC $ETH $BNB
#TON
$SD
Stader is forming an ascending triangle on the weekly chart, showing strong accumulation👀
Token recently buyback of 286.2k $SD ($150k) from #CEXs , and a ProBit Global #exchange is set to list it, further boosting its demand👨💻
Potential upside targets are $0.75, $0.93, $1.40, and $1.95🎯
#DOGSONBINANCE #BNBChainMemecoins
$SD
Stader is forming an ascending triangle on the weekly chart, showing strong accumulation👀
Token recently buyback of 286.2k $SD ($150k) from #CEXs , and a ProBit Global #exchange is set to list it, further boosting its demand👨💻
Potential upside targets are $0.75, $0.93, $1.40, and $1.95🎯
#DOGSONBINANCE #BNBChainMemecoins
Foreign CEXes are getting green signals in 🇮🇳 India
#Binance and #KuCoin are two foreign CEXes that have already become FIU complaints.
Two more foreign exchanges could receive the green light from India’s financial watchdog by March 2025.
Can you guys make any guesses which CEXes it could be? 👇
#CEXs #USNonFarmPayrollReport #TON #DOGSONBINANCE #BNBChainMemecoins
#Binance and #KuCoin are two foreign CEXes that have already become FIU complaints.
Two more foreign exchanges could receive the green light from India’s financial watchdog by March 2025.
Can you guys make any guesses which CEXes it could be? 👇
#CEXs #USNonFarmPayrollReport #TON #DOGSONBINANCE #BNBChainMemecoins
Fusionist announce the Endurance 2.0 Upgrade implementation.
#Fusionist, #Web3 gaming project, announces the Endurance 2.0 upgrade implementation. As a result of the update, the status of accounts migrated to the updated network, staking and validator functions are available. Moreover, #CEXs are in the last phases of fine-tuning and will soon support deposit and withdrawal.
👉 https://x.com/fusionistio/status/1764908742477291639?s=20
#Fusionist, #Web3 gaming project, announces the Endurance 2.0 upgrade implementation. As a result of the update, the status of accounts migrated to the updated network, staking and validator functions are available. Moreover, #CEXs are in the last phases of fine-tuning and will soon support deposit and withdrawal.
👉 https://x.com/fusionistio/status/1764908742477291639?s=20