Although I have been in this Cryptocurrency space for quite sometime now but I cannot tell without mincing words the difference between decentralized and centralized Exchanges.
Can anyone help out please.
What's the difference between the Decentralized and centralized Exchanges ?
Thanks
The difference about centralized and decentralized exchange is the deposit address.
In centralized exchange, you will need to deposit your coin to the unique address provided by the exchange.
But in decentralized exchange, we deposit our token to one same address, for example in idex, you can see the idex ETH address holds many tokens.