DigitalDukedom
Mon Jul 08 2024
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6 answers
1484
What is a centralized crypto exchange (Cex)?
Could you please elaborate on what a centralized crypto exchange (Cex) is and how it differs from other exchange models? I'm curious to understand its key features and the role it plays in the cryptocurrency market. Specifically, I'm interested in knowing how it handles transactions, manages user funds, and ensures security measures. Additionally, I'd like to know if there are any limitations or disadvantages of using a Cex compared to other types of exchanges. Your insights would be greatly appreciated.
EthereumLegend
Thu Jul 04 2024
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6 answers
1562
What is a centralized cryptocurrency exchange (Cex)?
In the realm of cryptocurrency and finance, could you elaborate on what a centralized cryptocurrency exchange (Cex) is? I understand that it plays a pivotal role in the trading of digital assets, but I'm curious about its specific operational structure and how it differs from decentralized exchanges. Could you explain how Cexs facilitate transactions, their role in custody of assets, and the potential risks and benefits they offer to investors? I'm particularly interested in the regulatory oversight surrounding these exchanges and their compliance measures.
