How does a Centralised exchange work?

In the term “centralized cryptocurrency exchange,” the idea of centralization refers to the use of a middle man or third party to help conduct transactions . Buyers and sellers alike trust this middle man to handle their assets. This is common in a bank setup, where a customer trusts the bank to hold his or her money.

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Is CEX.IO credible?

However, beginners may find the platform’s many features overwhelming. CEX.IO is a secure, regulated, and licensed cryptocurrency exchange . The exchange supports 100+ cryptocurrencies, including Bitcoin, Ethereum, and other popular assets. The platform is more suited for experienced traders and investors.

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