What is an initial Dex offering?

An initial DEX offering or IDO refers to the launching of a cryptocurrency on a decentralized exchange (DEX). In an IDO, a blockchain project makes a coin’s first public debut on a DEX in order to raise funding from retail investors.

What is a centralized exchange (Ido)?

IDOs have similarities with initial exchange offerings (IEOs), where crypto projects launch their token and raise funds via a centralized exchange, since both allow immediate trading on top of raising funds. However, centralized exchanges impose strict ground rules including:

What is the difference between Dex and Cex?

The benefit of DEX compared to a more centralized and controlled CEX is the absence of a third-party controller, allowing the users to store funds they want to trade on their personal crypto wallets, releasing the funds on a peer-to-peer basis under the protection of smart contracts.