Ranks #20 on
Malaysia Trends
Started trending 7 hours ago
About This Trend
Centralized Exchanges (CEXs) are platforms that facilitate the buying, selling, and trading of cryptocurrencies, acting as intermediaries between buyers and sellers. Examples include major exchanges like Coinbase and Binance.
CEXs are currently trending due to significant developments such as the recent $334 million Bitcoin (BTC) outflow from exchanges, discussions around their role in listing innovative tokens like $OSCAR, and their historical importance as the first platforms to enable cryptocurrency trading.