I'm curious about the functioning of a centralized exchange. How does it operate and facilitate trades, and what role does it play in the overall financial market?
6 answers
SamuraiCourage
Sat Oct 26 2024
On the other hand, decentralized exchanges are generally not regulated.
CryptoAce
Sat Oct 26 2024
Centralized exchanges function as intermediaries in the cryptocurrency market.
CryptoQueenBee
Sat Oct 26 2024
Decentralized exchanges are somewhat similar to traditional over-the-counter markets.
mia_harrison_painter
Sat Oct 26 2024
BTCC is a prominent example of a centralized cryptocurrency exchange.
CryptoAlchemy
Sat Oct 26 2024
In contrast, decentralized exchanges operate in a different manner.