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 a good exchange?

With its wide range of tradable assets and advanced trading features, experienced crypto traders will find what they are looking for on CEX.IO. However, beginners may find the platform’s many features overwhelming. CEX.IO is a secure, regulated, and licensed cryptocurrency exchange .

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