What is cex? Cex is a centralized exchange. It is an intermediary organization that supports cryptocurrency trading between buyers and sellers. These organizations provide operational monitoring services to allow traders to buy, sell, or exchange cryptocurrencies.
A centralized cryptocurrency exchange is a platform that is owned and operated by a single entity. This central authority provides liquidity for the supported tokens. Use an order book system to set prices, similar to traditional banking operations. Users deposit funds into an account on the exchange. This account then acts as a custodian, managing this money safely and fairly.
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