For Beginners

Can you trust crypto exchanges after the collapse of FTX?

For Beginners: CEXs like Binance and Coinbase provide a user-friendly experience with customer support and fiat options. For Privacy-Conscious Users: DEXs offer pseudonymous trading and

CEXs are typically subject to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, which can enhance consumer protection but

Centralized exchanges are bound to

Safeguarding Customers on CEXs: What's Being Done and What

Do CEXs like Binance implement proper user protection?

Centralized exchanges are bound to adhere to various regulations, including Know Your Customer (KYC) and Anti-Money Laundering (AML) laws. Although these

Binance and other industry giants

In today’s complex regulatory environment, establishing a trustworthy Centralized Exchange (CEX) has become a significant challenge. CEX platforms must meet

Binance and other industry giants like Bitget, OKX, etc. have taken steps to ensure that their users and funds are best protected. One of the first steps cexes took was to show their Proof

Building Trust in Crypto Exchanges: How Simplifying Compliance

CEX vs DEXWhich Is Best For You In 2025? - SnapX Blog

DEX vs CEX: Battle of the Exchanges

Are CEXs like Binance Upholding Customer Protection

Even customers not necessarily affected

Why Are Centralized Exchanges Facing So Many Challenges?

As CEXs Fall Foul of Regulatory Transgressions, Can DEXs Offer

Even customers not necessarily affected by hacks of losses have sometimes shared the burden of compensation, with exchanges like Bitfinex known to spread losses to all

Some of them self

Some of them self-insure like Binance’s much-touted SAFU program which allocates 10% of all trading fees in the platform only to be used when user funds are in trouble.