Why centralized exchanges remain the choice of the majority of traders

CEX is not just a platform, but a full-fledged ecosystem for trading digital assets. Unlike decentralized alternatives, a centralized exchange takes on all the infrastructure: wallet management, private key storage, order processing, and user support.

How a centralized exchange works in practice

When you open an account on CEX, the platform acts as a reliable intermediary between you and other traders. The company holds your assets and is responsible for each transaction. This centralized architecture allows exchanges to achieve high liquidity and the ability to process huge trading volumes simultaneously.

The main advantages for which CEX is chosen

First-level convenience — converting fiat to crypto happens in just a few clicks. You don't need to understand blockchain, just complete identity verification and start trading.

Advanced tools — futures, margin trading, options. Centralized exchanges offer all of this “out of the box”, which is not possible on many decentralized platforms.

Account Support and Security — the support team is always ready to assist, and two-factor authentication will protect your funds from unauthorized access.

What you need to know about risks

CEX is also a concentration of risk. All assets are stored on one company's server, which creates a potential vulnerability to cyber attacks. History shows that even large exchanges sometimes lose user funds due to system failures or hacks.

Moreover, regulatory requirements mean mandatory identity verification. For some traders, this is a downside, while for others, it guarantees the legality of trading.

Withdrawal

A centralized exchange remains the optimal choice for most, especially for beginners. CEX is a balance between convenience, functionality, and an acceptable level of risk. The key is to choose a reputable platform with a good reputation and a multi-layered security system.