Get Complete Centralized Cryptocurrency Exchange Model
Centralized Exchange Model: Centralized exchange model is a trading platform which will act like a traditional bank or a stock market, where all of your transaction details will be stored in the central server. For your Clarity consider a central bank where they will mint and distribute the currency to the user, and they will act as a central authority to monitor the flow of currency and the transaction details between the users. Likewise in Centralized cryptocurrency Exchange, there will be a middle man who will handle all your private key and public key, and then all of your cryptocurrency transaction details will be saved in a central cloud server. so it is less secure. Special Features of Centralized exchange Model: Higher trade volume and Liquidity. Users can exchange fiat currency in exchange for cryptocurrency and vice versa. Payments will be accepted through debit and credit for Fiat currencies. Government intervention is possible. Transparency is