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The crypto exchange platform is based on escrow, where a particular fee is collected between the access and exit points.
WHY IS CENTRALIZED EXCHANGE DEVELOPMENT NEEDED?
High liquidity volume
The liquidity in centralized exchanges is more than in Decentralized exchanges. Apparently, starting a centralized exchange will rise huge traffic.
Functionalities
When compared with functionalities, Centralized exchange has more functionalities than decentralized in terms of margin trading, currency pair trading, and lending lot, whereas DEX doesn’t provide much. This may improve more users towards centralized exchange.
Trade Volume
As per the research shown, the maximum number of crypto trades happens on centralized platforms. This clearly showcases that the trade volume of CEX is higher than DEX, simultaneously starting a centralized exchange will never make ROI low.Get an instant quote for Centralized exchange development
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