STON.fi Blog

Centralized Exchanges (CEX) have long dominated the cryptocurrency landscape, but there is an alternative: Decentralized Exchanges (DEX). This exploration delves into the intricate differences between these two trading platforms, unveiling the complex ecosystem of digital asset exchanges. From the user-friendly interfaces of traditional platforms to the groundbreaking principles of decentralized trading, discover the nuanced advantages, challenges, and transformative potential of these competing approaches to financial transactions. Most centralized exchanges (CEX) mirror traditional financial services like the New York Stock Exchange. Thi

Decentralized Exchanges (DEX) have emerged as a revolutionary approach to trading digital assets. Unlike traditional centralized platforms, DEX represents a peer-to-peer marketplace powered by blockchain smart contracts where users can trade directly without intermediaries. Before exploring the differences between Decentralized and Centralized Exchanges, it's crucial to have a solid understanding of trading fundamentals — grasping how the market operates, comprehending concepts like liquidity, and knowing the roles of market makers and market takers. Basic Concepts of Trading Market: Liquidity, Market-Makers and Market Takers  L