Quote from: Kamoteng Kahoy on March 22, 2019, 06:40:53 AM

Quote from: Karamabit_209 on March 22, 2019, 06:19:18 AM

Quote from: AliyaNasar on March 18, 2019, 06:55:35 AM

Today, cryptocurrency exchanges are gaining a lot of legitimacy as daily trading volumes now run in the billions of dollars. Even though there exist many popular trading platforms, the demand for new avenues is ever increasing.

With so many companies offering white label cryptocurrency exchange software solutions, it has become very easy to float your own trading platform. There are three types of cryptocurrency exchanges and it becomes important to understand the highlights of each before launching one. The three types of exchanges are listed below:

Centralized Exchange: This type of exchange focuses on high transaction speeds, easy liquidation of funds and supports multiple cryptocurrencies.

Decentralized Exchange: This variety of exchanges stay true to Nakamotos ideology for cryptocurrencies. Hence, decentralized exchanges focus on protecting the anonymity of users and improving the security of the platform.

Hybrid Exchange: As the name suggests, this type of platform borrows the strengths of centralized and decentralized exchanges. Therefore, users can access high transaction speeds without compromising on their anonymity.

Go-to name for building your white label cryptocurrency exchange.

Have never heard about the hybrid exchange though, but yes,decentralized exchanges does not store user's funds exchange which allows peer to peer cryptocurrency trading. The centralized description is also right.

I still cannot understand it though.

Again, the decentralized exchanges focuses more on peer-to-peer trade, while centralized exchange focus more on transact speed and etc. Well, you can understand it more though if you have try to do it like what I am doing now from this upcoming exchange .