Centralized Finance (CeFi)CeFi or Centralized Finance is a system of cryptocurrency trading managed by central exchanges. It’s run by fund managers and professionals that work on the development and operational processes of these exchanges. When you trade on a centralized exchange you are bound by the rules imposed by the exchange. As a CeFi user, you can only trade cryptocurrencies available on their platform and transact with fees offered by the exchange. Also, you will only have limited ac...