Cryptocurrency Exchanges And Their Function In The Crypto Ecosystem: Dangers, Regulations, And Finest Practices
Since consumer funds are held within the custody of the trade, a security breach may end up in a loss of property, as seen in previous high-profile hacks (e.g., Mt. Gox in 2014). CEXs are ideal for customers seeking to convert their fiat cash (like USD or EUR) into cryptocurrency and vice versa. They supply…