Centralized exchange

Education
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CEX (Centralized Exchange):
CEX stands for Centralized Exchange. These are traditional cryptocurrency exchanges that are operated and managed by a centralized authority or company. CEXs act as intermediaries between buyers and sellers, facilitating transactions and providing a platform for trading various cryptocurrencies. Some well-known examples of CEXs include Coinbase, Binance, and Kraken.
Key Features of CEXs:

  1. Centralized Control: CEXs are operated by a central authority that controls the exchange and user accounts.
  2. Order Books: CEXs use order books to match buyers and sellers based on their desired prices and quantities.
  3. Liquidity: CEXs typically offer high liquidity, meaning there are plenty of buyers and sellers on the platform, which allows for efficient trading.
  4. User-Friendly Interfaces: CEXs often provide user-friendly interfaces with advanced trading features, making them accessible to both beginner and experienced traders.
  5. Regulatory Compliance: CEXs usually follow regulatory requirements and implement Know Your Customer (KYC) procedures to ensure the legitimacy of users.
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Nice write up✍️

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Thanks for your thread

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thank you sir

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Helpfull info for newbie, thank you

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Thanks , helpfull for me

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Thanks for information, clear and simple …

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