Leonore Sherlock sordu 17 saat önce
A crypto exchange is an online marketplace where cryptocurrencies are acquired and swapped.
These exchanges typically fall into two main types: centralized and decentralized.
Centralized exchanges (CEXs) rely on centralized control and oversight, providing accessible features and customer support.
However, emsed.stanford.edu site they involve third-party custodianship, which exposes them to risks such as hacks or mismanagement.
Conversely, decentralized exchanges (DEXs) enable users to transact independently. Relying on decentralized infrastructure, DEXs reduce the risk of hacks but can be complex to navigate.
Choosing a crypto exchange depends on user needs and priorities. Knowledge of both types assists in effective trading.