In the crypto world, however, CEX is a bit of a dirty word . This is because all the buy and sell orders are routed to a third party, and often requires users to place their private keys in the hands of the exchange. These third parties are vulnerable to government influence and hacking attacks. but Xcrypt is advance to all this its the future , the hybrid exchange
Two of the largest exchanges in China, for example, froze all Bitcoin withdrawals for a month after Chinas central bank attempted to intervene. Others have forced exchanges to collect data on their users causing concerns for the privacy that cryptocurrency users cherish
The new exchange will bring new hope for us, I fully support this new flow, although there will be many advantages ahead, I am just encouraging for the team, and I am sure this future project will be successful.