What is the difference between centralised and decentralised crypto exchanges?
Could you please elaborate on the fundamental differences between centralised and decentralised crypto exchanges? How do they operate differently, and what are the advantages and disadvantages of each model? Additionally, how do these differences impact traders and investors in terms of security, speed, and fees? Understanding the nuances of these two types of exchanges is crucial for navigating the cryptocurrency landscape.
Do crypto exchanges hold your money?
As a curious investor, I'm wondering, "Do crypto exchanges actually hold my money, or is it something else entirely? When I deposit funds into my account, where do they go and how are they stored? Is my money SAFE and secure with these exchanges, or is there a risk of it being lost or stolen? Understanding the ins and outs of how crypto exchanges handle funds is crucial to making informed investment decisions.
What are the different types of crypto exchanges in India?
Hello there, I'm curious to know about the diverse types of cryptocurrency exchanges operating in India. Could you please elaborate on the different categories or types of exchanges that are available in the Indian market? It would be insightful to understand how they differ from each other, especially in terms of the services they offer, the security measures they employ, and the range of cryptocurrencies they support. I'm eager to learn more about the unique landscape of crypto trading in India.
Are online crypto exchanges illegal in China?
I don't understand this question. Could you please assist me in answering it?
How do crypto exchanges pay out?
Excuse me, could you please elaborate on how cryptocurrency exchanges typically pay out their users? Do they utilize a specific method or a variety of options? Are there any fees associated with the payout process, and if so, how are they calculated? Additionally, what are the most common payout methods utilized by these exchanges, and are there any security measures in place to ensure the safety of the funds during the payout process? I'm particularly interested in understanding the process from a user's perspective. Thank you.