Centralized Exchange is a platform where transactions are made on Cryptocurrency. The transactions are made between the buyer and seller with an intermediate. The crypto exchange platform is based on escrow, where a particular fee is collected between the access and exit points. Later the collected fees will be directed to a centralized exchange owner.
Coinjoker is a leading crypto exchange development company, which provides a centralized exchange script to develop a centralized exchange platform efficiently. We provide the platform with the best trading experience without compromising platform security. Though it is difficult to customize an exchange platform, our team has expertise build centralized exchanges with advanced features and provide you access to define rules and any payment gateway for secure payment.
CEX vs DEX
CENTRALIZED EXCHANGE PLATFORM
A Centralized exchange platform is a profitable crypto exchange website, where you can buy a cryptocurrency by using fiat currency or you can exchange crypto for crypto. The entire transaction will be handled by the admin/escrow of the centralized exchange website. There won't be any private key to access their wallet in this exchange.
DECENTRALIZED EXCHANGE PLATFORM
A decentralized exchange is a P2P business model, where a person can buy and sell the crypto without any intermediate. The decentralized exchange platform is quite complicated, as they have plenty of elements like smart contracts, trading terminals, wallets, etc.
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WHY CENTRALIZED EXCHANGE DEVELOPMENT?
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High liquidity volume
The liquidity in centralized exchanges is more than in Decentralized exchanges. Apparently, starting a centralized exchange will rise huge traffic.
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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.
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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.
BENEFITS OF CENTRALIZED EXCHANGE
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Fast transaction
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Cost Effective
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Improved business agility
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Improved Security
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Better fund management
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Greater scalability
FEATURES INCLUDED IN CENTRALIZED EXCHANGE DEVELOPMENT:
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Secure cryptocurrency wallet
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Escrow management
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Liquidity management
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Order matching engine
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Admin panel
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KYC/AML identification
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Mail: coinjoker@cryptoexchangescript.com
