What kind of CEX is there in crypto?

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About What kind of CEX is there in crypto?

A cryptocurrency exchange known as CEX, or Centralized Exchange, allows users to trade digital assets through a middleman platform that makes it easier to purchase and sell cryptocurrencies. Binance is one instance of a CEX. An extensive range of cryptocurrencies can be traded on the well-known centralized exchange, Binance. Users can register on Binance, deposit money, and trade different cryptocurrency assets in a safe, centralized setting. It's important to note that Clarisco, a development business for Cex, is another example of how important centralized exchanges are to the cryptocurrency ecosystem.

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