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How is a DEX different from a centralized exchange (CEX)?

Decentralized exchanges (DEXs) like Stabull and centralized exchanges (CEXs) differ in several key aspects—

-Centralized exchanges (CEXs) are operated by a central entity or organization, which manages the exchange, holds custody of users’ funds, and executes trades on behalf of users.

-Decentralized exchanges (DEXs), on the other hand, operate on decentralized networks such as blockchain technology. They facilitate peer-to-peer (P2P) trading through smart contracts or other decentralized protocols, without the need for a central authority to manage trades or custody of funds.

Still need help? Check out our knowledgebase, ask one of our helpful community members on the Stabull Discord, or submit a ticket via our helpdesk to our team for help.

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