#中心化与去中心化交易所 Centralized Exchange

• Operating Method: A central institution is responsible for matching trades, users deposit funds into the exchange's wallet, and during trading, the exchange performs order matching and asset transfer, such as Binance, Huobi, etc.

• Advantages: Good trading experience, user-friendly interface, strong trading depth, high liquidity, and a professional customer service team.

• Disadvantages: There is a risk of single point of failure; if the exchange suffers a hacker attack, poor internal management, or other issues, user fund security is threatened. Additionally, users must trust the exchange, and trading is heavily influenced by regulation.