CEX stands for Centralized Exchange, which is a platform where users can buy, sell, and trade cryptocurrencies through a centralized authority.
In India, popular CEX platforms include WazirX, CoinDCX, and ZebPay, which are regulated by Indian authorities and comply with local financial regulations.
CEX platforms offer user-friendly interfaces, high liquidity, and various trading pairs, making them suitable for both beginners and experienced traders in the Indian market.
However, users should be aware of security measures and choose exchanges with strong reputations and proper licensing to ensure the safety of their investments. |
