How do centralized exchanges differ from decentralized exchanges?

submitted 3 months ago by Gibbsu to cryptocurrency

A central body oversees the management of centralized exchanges (CEXs), which provide high liquidity and intuitive user interfaces but necessitate fund custody and user trust. With no middlemen, decentralized exchanges (DEXs) use blockchain technology to provide increased asset control and anonymity. Clarisco is both a DEXs and a centralized exchange development company offering customized, safe, and effective solutions for cryptocurrency trading platforms.

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