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What is a centralized cryptocurrency exchange (CEX)?

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  • November 15, 2024 11:20 am
  • 56 views

Description

A centralized cryptocurrency exchange (CEX) is a digital platform where users can buy, sell, and trade cryptocurrencies and fiat currencies. Operated by a centralized authority, it ensures faster transactions, high liquidity, advanced trading features, and secure management of funds. A centralized exchange development company specializes in building these platforms, integrating essential features like order matching engines, KYC/AML compliance, and robust security protocols. Their expertise ensures a user-friendly and scalable exchange tailored to meet specific business needs.

 

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