What’s Cryptocurrency CEX?

Cryptocurrency CEX typically stands for “Centralized Exchange” for cryptocurrencies. These are online platforms where users can buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and other digital assets. These exchanges are called centralized because they are operated by a single organization or company that manages the order book and matches buyers and sellers.

CEXs typically offer a wide range of trading pairs, which are pairs of cryptocurrencies that can be traded against each other, as well as fiat currency pairs, which allow users to buy and sell cryptocurrencies using traditional currencies like USD or EUR. They also provide users with various tools and features, such as order books, market depth charts, trading bots, and margin trading.