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Title: What is the difference between centralize and decentralize trading? Post by: cryptomichael87 on June 12, 2018, 06:31:08 PM What is centralize and decentralize trading? How a coin pass this steps.
Title: Re: What is the difference between centralize and decentralize trading? Post by: tornikejr on June 12, 2018, 06:58:12 PM Centralized exchange e.g. Binance is run by a profit-oriented company that gets revenue from their platform’s fee structures.
A decentralized exchange (Dex) is an exchange market that does not rely on a third-party service to hold the customer's funds. In decentralized exchange trades occur directly between users peer to peer through a blockchain, this way you are entrusting a system of hundreds of independent nodes instead of a single centralized entity. |