1. What does CEX stand for?
- Centralized Exchange
2. What is the key takeaway about choosing between CEX and DEX?
- Don't choose - combine
3. What was mentioned as a strength of CEX.IO?
- Its consistent focus on security and user accessibility
4. What is one key feature of a CEX?
- High liquidity and user-friendly interfaces
5. Why do some traders prefer DEX platforms?
- For enhanced privacy and autonomy
6. What type of security measure is common on CEX platforms?
- Two-factor authentication and cold storage
7. How are CEX platforms responding to increased regulation?
- By prioritizing transparency and compliance
8. Why might beginners prefer a CEX?
- It offers tools like fiat gateways and integrated wallets
9. What trend combines the benefits of both CEX and DEX?
- Using both platforms
10. What is one of the main benefits of DEX?
- Users have more control over their funds
11. What makes transactions on CEX platforms faster?
- Their centralized infrastructure
12. What is a key challenge with using DEX platforms?
- Lower liquidity and a steeper learning curve

CEX POWER TAP quiz answer
t.me/cexio_tap
November 21, 2024 398 2