The main difference between a centralized exchange and a decentralized exchange is that in the former, a third-party server is responsible for managing the deposited funds, while in the latter there is no central server, which means that users are free to connect with the people they want to trade with. Additionally, on a decentralized exchange, a user maintains control of their private keys when transacting.
Centralized exchanges are usually easier to use and have a more user-friendly interface. Additionally, they offer an additional layer of protection for users' assets and typically have high liquidity. However, centralized exchanges also face issues regarding reliability and security.
On the other hand, decentralized exchanges operate without a central authority and allow users to completely control their own funds. They offer a higher level of privacy and lower fees due to the absence of intermediaries. However, the user interface of decentralized exchanges can be complicated for cryptocurrency beginners and they may have less liquidity than centralized exchanges.
Here is a list of the main cryptocurrency exchanges available in Venezuela:
LocalBitcoins: Founded in 2012, it is a company headquartered in Finland, which allows the over-the-counter exchange of Bitcoin for local currency.
Localethereum: Ethereum which is the second most popular cryptocurrency in the world, and this platform is available to carry out exchanges in Bolívares for $ETH
Cryptobuyer: Offers services for buying and selling cryptocurrencies such as $BTC , $LTC , Dash and more.
Cryptoway: Offers services for buying and selling cryptocurrencies such as Bitcoin, Litecoin, Dash and more.
Monkeycoin: Offers services for buying and selling cryptocurrencies such as Bitcoin, Litecoin, Dash and more.
Colibit: Offers services for buying and selling cryptocurrencies such as Bitcoin, Litecoin, Dash and more.
Mangomarkets: Offers services for buying and selling cryptocurrencies such as Bitcoin, Litecoin, Dash and more.
More information:
1. criptotendencias.com
2. bing.com
3. es.beincrypto.com
4. cinco8.com
5. es.coingape.com
6. venezuelaexchanges.com
7. guiabroker.com
8. coinmarketcap.com
