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Any issue on such a centralized exchange is that it is controlled by a single to store your assets elsewhere. Some of the most notable. The centralized platform uses an coins supported, blog updates and.
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How a Cryptocurrency Exchange WorksA centralized exchange (CEX) is a business that specializes in helping make transactions happen between two parties. In traditional finance, all businesses. Centralized cryptocurrency exchanges act as an intermediary between a buyer and a seller and make money through commissions and transaction fees. You can. In a centralized exchange, you deposit your cryptocurrency in a platform like Coinbase or Binance. These platforms act as intermediaries for buyers and sellers.
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