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Decentralized or Centralized Cryptocurrency Exchange: DEX or CEX

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Anaïs De Séverac
Decentralized or Centralized Cryptocurrency Exchange: DEX or CEX

Here, for example, one with the most well-known AuroraDAO collected just over 5400ETH (at the time of publication is $2.7 M).

In the case of hacker attacks, DDoS attacks or other non-sanctioned intervention, the exchange will suspend its work to protect assets.

Taking into account the fact that the exchange is not controlled by anyone-often when designing and building the confidence of the users make it open-source.

Only in that case come to the rescue – Google 2FA (passcode).

Forget about margin trading, stop-loss, limit, market and sell other types of applications.

Decentralized exchanges are more or less accept the first users (early birds), but require much more intervention to spread them to others, not tech savvy people.

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