Crypto GlossaryCentralized Exchange
Centralized Exchange
In trading, a centralized exchange (CEX) is a platform where buyers and sellers can trade financial assets such as cryptocurrencies, stocks, commodities, and fiat currencies in a centralized manner. It is owned and operated by a single entity or organization that acts as an intermediary between the buyers and sellers, and typically charges fees for its services. It is typically user-friendly and offer a range of features and tools to help traders make informed investment decisions, such as price charts, market data, and trading indicators. They also provide liquidity to the market, which allows traders to buy and sell assets easily and quickly.
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