Centralized cryptocurrency exchanges (CEXs) generate income from several sources, notably through service fees. Here are a few typical ways they make money:
Trading fees are charged every time a user trades here. these platform fees vary depending on the percentage of the transaction amount...
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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.
When compared with functionalities, Centralized...