A Centralized Exchange (CEX) is a crypto marketplace run by a single company, acting as a trusted intermediary for trades. Think Coinbase, Binance, or Kraken—they provide order books, custody, and fiat onramps in a familiar, web2-style interface.
AGON is a non-custodial platform. We never hold your funds. To place bets, you need self-custodied USDC on the Base network. For most users, a CEX is the primary starting point for this process.
You use a CEX to convert your fiat currency (USD, EUR) into USDC. From there, you withdraw your assets directly to your personal wallet address. This action moves your capital from a centralized, custodial environment to the decentralized chain where you have full control. This is the standard onramp for interacting with any on-chain application, including placing wagers on AGON /markets.
Treat your CEX account as a bridge, not a vault. The core principle is "not your keys, not your crypto." While CEXs offer convenience, holding significant assets there exposes you to counterparty risk.
The standard operating procedure is simple:
Once the funds arrive in your wallet, you can connect to AGON and bet with full control over your assets. Your CEX account is an entry point, not a place to hodl your entire stack.
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Trading prediction markets involves risk. Not financial advice.
