Centralized Exchanges (CEXs) Centralized exchanges are traditional exchanges that operate like a middleman between buyers and sellers. Here are some key characteristics: 1. Centralized control: CEXs are owned and operated by a single entity, which has control over the platform and its operations. 2. Custodial: CEXs hold users' funds in their wallets, which can make them vulnerable to hacking and theft. 3. Regulatory compliance: CEXs must comply with regulatory requirements, such as Know-Your-Cus
Blockchain technology is the backbone of cryptocurrency, enabling secure, transparent, and decentralized transactions. In this chapter, we'll delve into the fundamentals of blockchain technology, exploring its components, types, and benefits.
What is Blockchain? A blockchain is a distributed digital ledger that records transactions across a network of computers. It's a decentralized system, meaning that no single entity controls it. Instead, a network of nodes verifies and validates transaction
Unlocking the Power of Cryptocurrency: A Beginner's Guide
Introduction Cryptocurrency has taken the world by storm, offering a decentralized, secure, and transparent way to conduct financial transactions. With the rise of Bitcoin and other altcoins, the crypto market has become increasingly popular, attracting investors, traders, and enthusiasts alike. In this article, we'll delve into the world of cryptocurrency, exploring its basics, benefits, and potential uses. What is Cryptocurrency? Cryptocurrency is a digital or virtual currency that uses crypto