Centralized versus Decentralized Exchanges
Centralized exchanges are at the hands of a central authority — or intermediary who oversees and controls your funds, personal details and transaction history. When trading and transacting on centralized exchanges, one should know that your funds aren’t sent P2P — or directly to another user — and must first pass through a centralized middleman, who authorizes and executes the trade on your behalf. Decentralized Most of the people are passionate about Bitcoin and other popular cryptocurrencies. While they wish to relax, they prefer keep updated with latest informations about cryptocurrencies and merits of Centralized versus Decentralized Exchanges. In this article we’re going to address the fundamental differences between decentralized and centralized cryptocurrency exchange script , enumerating on not only their benefits, but disadvantages as well. Intermediaries Centralized The major fundamental difference between centralized and decentralized exchanges are the...