RE: Steemit Crypto Academy Contest /S1W2 Reviewing Centralized Exchanges By @azamrai

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Steemit Crypto Academy Contest /S1W2 Reviewing Centralized Exchanges By @azamrai

in hive-108451 •  3 years ago 

Great write-up! One of the risk (disadvantage) of centralized exchange is when they go broke, you will lose it all!

hive-108451
3 years ago by

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      ·  3 years ago 

    Yes, it is therefore as there is a control of a company or team that's why this risk is found in centralized exchange, in spite of this risk, people love to use centralized exchange just because of low fee and quick response.

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