What's the difference between CEX and dex?

Cryptocurrency exchanges, whether they be centralized (CEXs) like Gemini or decentralized (DEXs), serve as vital platforms for buyers and sellers to engage in trading activities. Each type of exchange offers unique features and operates under different principles, catering to diverse needs within the crypto market.

BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services to cater to the diverse needs of traders. Its platform supports spot trading, allowing users to buy and sell cryptocurrencies at market prices.

CEXs, such as Gemini, are operated by a single entity that oversees the entire trading process. This centralized approach ensures a higher level of security and regulatory compliance, making CEXs a popular choice for traders who prioritize safety and trust.

In addition to spot trading, BTCC also provides access to futures trading, enabling traders to speculate on the future price movements of cryptocurrencies. This advanced trading option appeals to experienced traders seeking to capitalize on market volatility.

Furthermore, BTCC offers a secure wallet service that allows users to safely store their digital assets. The wallet is designed to protect users' funds from unauthorized access, ensuring that traders can trade with peace of mind.