Types of Crypto Exchanges platforms

 


There are 4 main types of cryptocurrency exchange.


CENTRALIZED EXCHANGE(CEX)


The centralized crypto exchange is the most common type of exchange platform and is used by third parties to help conduct transactions. Users will trust the third person to offer them security, and monitoring, and help them find trading partners. 

 EX - Binance, Coinbase Exchange, Kraken and KuCoin.


DE-CENTRALIZED EXCHANGE(DEX)


In a decentralized exchange, no one has to know or trust anyone else. Each person in the network has a copy of the exact same data in the form of a distributed ledger. If the member's ledger is altered or corrupted in any way, it will be denied by the majority of the members in the network.

EX - pancakeswap , uniswap


PEER-TO-PEER EXCHANGE ( P2P )


Peer-to-peer exchanges allow buyers and sellers to connect directly with one another through online platforms. The sellers set their own prices for products or services and buyers pay sellers directly by using their preferred payment methods 

EX - CashU , paypal


HYBRID CRYPTO EXCHANGE


Hybrid crypto exchanges are combined both centralized and decentralized exchanges. these platforms have a central authority that controls certain aspects of the exchange but also some users give restrictions and controls to their assets when using the platform services.


Addustechnologies - Crypto exchange development company


Addus technologies are the best crypto exchange development company that offers complete crypto exchange development services. We offer all the above 4 types of crypto exchange development services with advanced features and technologies. 


Feel free to get a free demo of crypto exchanges

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