#交易流动性 Centralized Exchange

• Operation Method: A central institution is responsible for matching trades, users deposit funds into the exchange's wallet, and during trading, the exchange handles 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 from a hacker attack, poor internal management, or other issues, the security of user funds is threatened. At the same time, users need to trust the exchange, and trading is greatly affected by regulation.