Questions tagged [centralized exchanges]

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GyeongjuGlorious GyeongjuGlorious Tue Oct 29 2024 | 5 answers 1283

What is the downside of centralized exchanges?

I'm concerned about the potential downsides of using centralized exchanges for cryptocurrency trading. Could someone explain the risks and limitations associated with these platforms?

What is the downside of centralized exchanges?
Davide Davide Fri Oct 04 2024 | 7 answers 1273

How much bitcoin has been moved off centralized exchanges?

Can you provide an estimate of the amount of Bitcoin that has been withdrawn from centralized exchanges? This information can offer valuable insights into the sentiment and trends within the cryptocurrency market. Understanding the movement of Bitcoin from centralized platforms to potentially more secure or decentralized wallets can help investors and traders make informed decisions. Are there any notable trends or patterns in these withdrawals that could indicate a shift in market behavior?

How much bitcoin has been moved off centralized exchanges?
Tommaso Tommaso Sat Sep 28 2024 | 0 answers 0

Are centralized exchanges safe?

Are centralized exchanges really SAFE for users to trade and store their cryptocurrencies? With numerous high-profile hacks and breaches in recent years, many have raised concerns about the security of these platforms. Can we trust that centralized exchanges have adequate measures in place to protect our funds and personal information? And what happens if a centralized exchange goes down or gets hacked - are our assets truly secure, or are we taking a significant risk by entrusting them to these platforms?

Are centralized exchanges safe?
TaegeukChampionship TaegeukChampionship Fri Aug 30 2024 | 0 answers 0

What percentage of crypto transactions go through centralized exchanges in Venezuela?

I'm curious to know, what percentage of cryptocurrency transactions in Venezuela are actually processed through centralized exchanges? Given the country's economic situation and the prevalence of cryptocurrency use as a means of exchange and store of value, it would be insightful to understand the extent of centralized exchange involvement in these transactions. Could you provide some insight into this matter?

What percentage of crypto transactions go through centralized exchanges in Venezuela?
KpopHarmonySoulMateRadiance KpopHarmonySoulMateRadiance Tue Aug 06 2024 | 6 answers 1319

Are centralized exchanges a good idea for crypto trading?

Could you elaborate on the pros and cons of centralized exchanges for cryptocurrency trading? On one hand, they offer convenience, security, and access to a wider range of trading pairs. But on the other hand, there are concerns about the risk of hacking, centralized control, and potential for manipulation. What's your take on this debate, and what factors should traders consider when deciding between centralized and decentralized exchanges?

Are centralized exchanges a good idea for crypto trading?

|Topics at Cryptocurrency Q&A

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