Centralized Exchanges are online platforms that facilitate the trading of cryptocurrencies by holding user funds in custody. These entities operate similarly to traditional financial institutions, matching buy and sell orders through an order book system. They provide a user-friendly interface and often offer a range of services beyond simple trading, such as staking and lending opportunities.
Context
Centralized exchanges continue to serve as primary gateways for many individuals entering the digital asset market. Their operational security, regulatory compliance, and transparency are subjects of constant scrutiny in crypto news. Debates often focus on the balance between user convenience and the risks associated with custodial services, especially following significant security incidents or regulatory actions globally.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
