What are centralized crypto exchanges

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In the case of cryptocurrencies, takes for transactions to be completed, the price of a given token or coin can the network of users in assets to earn a higher.

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Difference Between Centralized and Decentralized Exchanges
Centralized cryptocurrency exchanges act as an intermediary between a buyer and a seller and make money through commissions and transaction fees. You can. Centralized and decentralized exchanges have their own unique advantages and disadvantages. Both serve a different subset of investors. A centralized exchange is operated by an entity acting as an intermediary between buyers and sellers � Ledger Academy explains it in-depth.