What are the differences between decentralized and centralized cryptocurrencies?

Examples of centralized cryptocurrency exchanges include: Coinbase . GDAX . Kraken .

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In a centralized exchange, the ownership of the coins is held by the exchange completely . However, by holding on the exchange to the keys can lead to a faster execution since the user does not need to provide access. … In a Decentralised Exchange, you are completely free from these risks!

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