Merkezi Borsa (CEX)
Kullanıcı fonlarını emanete alan ve merkezi bir emir defteri aracılığıyla alım/satım emirlerini eşleştiren şirket işletimli kripto para borsası.
Önemli CEX'ler: Binance, Coinbase, Kraken, OKX. Gelir: işlem ücretleri (%0,1–0,5), spread, listeleme ücretleri. CEX vs DEX: CEX — yüksek likidite, fiat desteği ama emanet riski.
graph LR
Center["Merkezi Borsa (CEX)"]:::main
Rel_cex["cex"]:::related -.-> Center
click Rel_cex "/terms/cex"
Rel_proof_of_stake["proof-of-stake"]:::related -.-> Center
click Rel_proof_of_stake "/terms/proof-of-stake"
Rel_singularitynet["singularitynet"]:::related -.-> Center
click Rel_singularitynet "/terms/singularitynet"
classDef main fill:#7c3aed,stroke:#8b5cf6,stroke-width:2px,color:white,font-weight:bold,rx:5,ry:5;
classDef pre fill:#0f172a,stroke:#3b82f6,color:#94a3b8,rx:5,ry:5;
classDef child fill:#0f172a,stroke:#10b981,color:#94a3b8,rx:5,ry:5;
classDef related fill:#0f172a,stroke:#8b5cf6,stroke-dasharray: 5 5,color:#94a3b8,rx:5,ry:5;
linkStyle default stroke:#4b5563,stroke-width:2px;
🧒 5 yaşındaki gibi açıkla
[CEX](/tr/terms/cex), banka ve borsa birleşimi gibi ama kripto için. [Bitcoin](/tr/terms/bitcoin)'inizi yatırırsınız (onlar saklar). Sorun: 'banka' iflas ederse paranız gidebilir — 2022'de FTX'te tam olarak olan budur.
🤓 Expert Deep Dive
❓ Sık sorulan sorular
What is the main risk of using a CEX?
Custodial risk: you do not control your private keys. If the exchange is hacked, goes bankrupt (like FTX in 2022), or freezes withdrawals, you may lose access to your funds.
What is Proof-of-Reserves?
A Proof-of-Reserves (PoR) is a cryptographic attestation that a CEX actually holds the assets it claims to hold for users. After FTX collapsed, it became a standard practice for exchanges to publish Merkle-tree-based PoR reports. However, PoR only proves assets, not liabilities.
What is the difference between a maker and a taker on a CEX?
A market maker places a limit order that sits on the order book, adding liquidity. A taker executes against an existing order, removing liquidity. Makers typically pay lower fees than takers.