Cryptocurrency trading happens on exchanges. Some are centralized, and others decentralized. Centralized exchanges (CEXs) dominate the crypto market. They offer convenience, speed, and security for users. But they have downsides like hacking risks and regulations. Choosing the right exchange can feel tough. This guide explains CEXs in simple words.What is a Centralized Exchange (CEX)?A centralized exchange (CEX) is a platform where users can buy, sell, and trade cryptocurrencies. These exchan...

SafeMoon, launched in March 2021, was designed to reward long-term holders with a 10% transaction fee. In November 2023, the SEC charged SafeMoon with fraud, leading to Chapter 7 bankruptcy in December. As of November 2024, SafeMoon is defunct and holds no value. Investors should research thoroughly before investing in cryptocurrencies.What is SafeMoon?SafeMoon was a cryptocurrency launched in March 2021. It operated on the Binance Smart Chain (BSC) and was part of the decentralized finance (...

Choosing a crypto exchange can be challenging. Both Kraken and Coinbase are popular choices. Each platform has its strengths and weaknesses. Which one suits you best depends on your needs. In this guide, we’ll break down both platforms. We’ll help you understand the differences between Kraken and Coinbase. Whether you are a beginner or an advanced trader, you’ll find useful insights here. By the end, you’ll know which platform is right for you in 2024.Kraken vs Coinbase: An OverviewChoosing b...