Real quick Questions about dex exchanges

[kawetsriyanto]

It is normal and usual to buy the token or coin on the DEX and then selling them on CEX, like an arbitrage system.
Have you done it for several coins? If anyone will do arbitrage, ensure that you have known the rule and also ways in order to avoid losing or shitcoins.
1. Check whether the smart contract of the token or coin is true because there are many fake coins that we can find in the DEX, especially Forkdelta, it will not be received in the CEX.
2. Ensure that the price on DEX is lower than on CEX,
3. WHat's about the speed of the transaction arbitrage needs the fast speed of transferring the coins to get the right moment, or you will lose your profits if it is delayed.

[setialovers]

Of course, you can buy on dex and sell it on cex with the note that the coin is 1 contract address because some have the same coin name but different contract addresses, many make mistakes because they don't pay attention to the contract address

Contract address is the most important for us to know because many scammers are trying to duplicate tokens. ERC20 tokens are widely used by scammers to deceive others. We can see the contract address in etherescan or ask in the group telegram

[ivaf]

Many tokens are listed in both dex and other normal exchanges(CEX) and many tokens have a huge price gape, i wanted to ask could i bought tokens on dex and sell on normal exchange for a quick profit it is the same token on both exchanges or anything else i need to know about?

Yes, of course, you can. It is only necessary to make sure that this is the same token (for example, at the address of the contract, the developer's site). Because if the price difference is very different, there is a possibility that these are different tokens (with the same or similar tickers).