Understanding The Different Types Of Cryptocurrency Exchanges

[AliyaNasar]

Today, cryptocurrency exchanges are gaining a lot of legitimacy as daily trading volumes now run in the billions of dollars. Even though there exist many popular trading platforms, the demand for new avenues is ever increasing. With so many companies offering white label crypto exchange software , it has become very easy to float your own trading platform. There are three types of cryptocurrency exchanges and it becomes important to understand the highlights of each before launching one. The three types of exchanges are listed below:

• Centralized Exchange: This type of exchange focuses on high transaction speeds, easy liquidation of funds and supports multiple cryptocurrencies.
• Decentralized Exchange: This variety of exchanges stay true to Nakamoto’s ideology for cryptocurrencies. Hence, decentralized exchanges focus on protecting the anonymity of users and improving the security of the platform.
• Hybrid Exchange: As the name suggests, this type of platform borrows the strengths of centralized and decentralized exchanges. Therefore, users can access high transaction speeds without compromising on their anonymity.

Blockchain App Factory is a trusted company when it comes to blockchain or cryptocurrency development and they are a go-to name for building your white label cryptocurrency exchange.

[Kevin77]

This is a good advertisement for your website and I kind of dig it since it is not done obviously and it is sharing a basic information newbies could use, I mean you can find this information anywhere if you just google it so there is no point of having just another topic to discuss the same things. However I would like to refute just one thing that is quite important.

Satoshi Nakamoto had absolutely no intention of exchanges and any ideas on what his true vision was about exchanges. You can look up every single paper he ever wrote, his all messages and his all chats and there is absolutely nothing about exchanges and what is right and wrong.

Decentralized exchanges can be anon but you can also have centralized exchanges that is as anon as it gets without sharing your KYC or even your first name, just a mail would be enough for many of them.

[bitcoin31]

It is good because People  can know the different between types of cryptocurrecncy exchanges the most investor or trader who can really help this is the Newbie because they can really Know the uses and the purposes of the cryptocurrency exchnages. Not all the trader and even the old trader did not know the different between that but now maybe they will find it.

[1Referee]

Decentralized exchanges can be anon but you can also have centralized exchanges that is as anon as it gets without sharing your KYC or even your first name, just a mail would be enough for many of them.

Exchanges that don't subject you to KYC verification aren't anonymous. They can still link the information that they do have to certain events that you are connected to. On top of that, they can subject you to KYC verification out of nothing, and we have seen that this is happening more frequently than people are comfortable with.

Your information will be stored on random servers for ever, and when these "anon" exchanges you're referring to go down, they'll very likely sell your information to make a last quick buck.

[Slow death]

you created this thread just to promote your site and there is something else that left me with some doubts and I would like you to clarify to me:

https://web.archive.org/web/20190315222606/https://bitcointalk.org/index.php?topic=5102111.0

Are you part of this project?