The centralized crypto exchange platform acts as the 3rd-party when transactions are made between the buyer and the seller. Even though the centralized exchanges are operated and controlled by a company which makes them more reliable, there are still risks and disadvantages involved with its processes.
What is a crypto exchange software development company?
Cryptocurrency exchange software development companies provide crypto exchange software for helping users buy/sell digital assets and cryptos. The software offers a crypto exchange platform, which further enables the process of fast and secure transactions. Users can get the cryptocurrency exchanged into a currency type of their choice.
What is a centralized crypto exchange (Cex)?
Centralized crypto exchanges (CEX) are managed by one organization. Centralized exchanges make it easy to get started with cryptocurrency trading by allowing users to convert their fiat currency, like dollars, directly into crypto. The vast majority of crypto trading takes place on centralized exchanges.
