Decentralized vs. Centralized Exchanges
Exchanges are where trading happens and they come in two very different flavors: centralized exchanges (CEXs) and decentralized exchanges (DEXs). Understanding the differences, benefits, and trade-offs between the two types of exchanges is crucial for traders as they navigate the crypto landscape. Let's dive into the differences between the two exchange types and why Perpl has chosen to build a decentralized exchange. Centralized Exchanges CEXs, such as Binance, Coinbase, and Kraken, function
