What happens to a cryptocurrency exchange that is centralized?

[Gisella Faina]

A centralized cryptocurrency exchange is run by a single firm that handles customer funds and transactions. Users risk losing money if a centralized exchange is hacked or goes bankrupt. Furthermore, centralized exchanges may place restrictions on trading and withdrawals. However, they often have higher liquidity and more trading pairs than decentralized exchanges. We know more about this contact Zodeak because it is aCentralized cryptocurrency exchange development Company.

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