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The Most Popular Trading Hub
A centralized exchange (CEX) is a platform where users trade cryptocurrencies with the oversight of a third party. These exchanges provide security, liquidity, and user-friendly interfaces.
CEXs act as intermediaries, matching buyers and sellers through an order book. They often offer additional features like spot trading, futures trading, staking, and lending services.
One major advantage of CEXs is their high liquidity, ensuring smooth and fast transactions. However, since they hold users' funds, security and regulatory compliance are crucial factors to consider.
Centralized exchanges remain the most widely used platforms for crypto trading. They play a vital role in bridging traditional finance with the world of digital assets.