Centralized vs Decentralized Crypto Exchanges।।


[Source](https://www.pexels.com/photo/a-laptop-with-graph-on-screen-6770611/)

Today we will talk about a very important topic. We use exchangers to buy and sell coins. Now talking about which exchanger is good for us? To know the answer to this question, first understand about centralize and decentralize. Suppose you work in a company. Then surely there will be the owner of that company. He will have all the powers of the company in his work.

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And the owner can kick you out of the company if he wants. Now imagine you are working somewhere that has no owner. Working there must be different. Actually centralize exchanger is an exchanger where there is one owner who is controlling the whole thing. As we can say binance. We all know it is a popular exchanger. Maybe you use it too. But binance will not scam because they have contact with big companies. However, it should be remembered that the centralize exchanger can do scams at will.

[Source](https://www.pexels.com/photo/business-charts-commerce-computer-265087/)

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Decentralize is a technology that has no ownership. Steemit can be called as such. steemit is decentralized with no ownership. And it depends on the blockchain. You may wonder how it works with no ownership. They mainly rely on blockchain. Decentralize exchangers are more powerful than normal ones. There is no fear of scamming them. If you are a big investor, you can work on a decentralized exchanger. So guys this was today's post. Looking forward to the new post. Until then, stay well.