Questions tagged [centralized exchange]

CharmedEcho Sun Oct 06 2024 | 7 answers 1733

So, let's get right to it. I'm curious to know, is LATOKEN a centralized exchange? You know, with so many cryptocurrency exchanges popping up these days, it's important to understand the differences between centralized and decentralized platforms. From what I've heard, centralized exchanges tend to have more control over transactions and user funds, whereas decentralized ones offer more autonomy. So, can you clarify for me whether LATOKEN falls into the former or latter category? I'd appreciate any insights you can provide.

Federico Fri Oct 04 2024 | 5 answers 908

Could you provide an example of a Centralized Exchange (CEX) in the world of cryptocurrency? I'm curious to understand how they operate and how they differ from other types of exchanges. It would be great if you could elaborate on a specific platform and its features, such as its trading pairs, security measures, and any notable features that set it apart from its competitors.

Raffaele Sun Sep 29 2024 | 6 answers 1182

Excuse me, but could you please clarify what you mean by "a mean CEX"? It seems there might be a bit of confusion in the terminology. Are you referring to a "centralized exchange" (CEX) in the context of cryptocurrency trading? If so, a centralized exchange is a platform that facilitates the buying and selling of cryptocurrencies between users. It serves as an intermediary between buyers and sellers, ensuring that transactions are secure and efficient. The platform maintains custody of users' funds and often provides additional services such as trading pairs, order books, and market data. Is this what you were asking about?

Valeria Sun Sep 29 2024 | 5 answers 1104

Excuse me, could you clarify for me if TradeOgre is indeed a centralized exchange platform? I've heard differing opinions on the matter and I'm seeking a definitive answer. I'm particularly interested in understanding the underlying architecture and governance structure of TradeOgre, to determine if it aligns with my personal preference for decentralized or centralized systems. Your insight would be greatly appreciated.

Caterina Sat Sep 28 2024 | 6 answers 1170

Could you please explain what CEX wallets are in simple terms? Are they a specific type of digital wallet used for storing cryptocurrency? How do they differ from other types of wallets like decentralized exchanges (DEX) wallets or hardware wallets? Are there any security risks associated with using CEX wallets? And finally, what are the advantages and disadvantages of using CEX wallets for cryptocurrency transactions?