What is a centralized exchange in crypto?
1500.00 Dollar US$
- Location: Chennai, Tamil Nadu, India
In the context of cryptocurrencies, a centralized exchange (CEX) is a website that is managed by a single entity that allows users to trade digital assets. Order matching, asset custody, and user funds are all managed by it. CEXs usually follow rules and have easy-to-use interfaces. Two instances are Binance and Coinbase. CEXs raise issues including security holes and the potential for exchange operator fraud, even if they are useful. Contact us; we are a centralized e xchange development company, and we will be happy to assist you.
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Useful information
- Avoid scams by acting locally or paying with PayPal
- Never pay with Western Union, Moneygram or other anonymous payment services
- Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
- This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"
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