CEXs vs DEXs

3 min readMar 27, 2023

With the birth of cryptocurrencies, also known as digital currencies, and the spread of its first protocol, Bitcoin, the need to have platforms that would allow exchange among users arose. Just like with the traditional fiat coins.

History of crypto exchange

The first bitcoin exchange that emerged was BitcoinMarket, announced on Bitcointalk (a public forum where blockchain enthusiasts, developers…