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RE: Steemit Crypto Academy Contest /S1W2 Reviewing Centralized Exchanges By @azamrai
Great write-up! One of the risk (disadvantage) of centralized exchange is when they go broke, you will lose it all!
Great write-up! One of the risk (disadvantage) of centralized exchange is when they go broke, you will lose it all!
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.