Centralized Cryptocurrency Exchanges, Explained
drearyKitten5
May 19
What is a centralized cryptocurrency exchange?It is an online platform and the most common way to trade cryptocurrencies. This includes buying/selling cryptocurrencies with fiat money (fiat/crypto pairs) as well as buying/selling cryptocurrencies with other cryptocurrencies (crypto/crypto pairs). They can be seen as an online marketplace for the entire cryptocurrency development network. What does it mean for an exchange to be centralized?Being centralized means trusting someone else to handl...
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