Digital Assets

Centralised Exchange

Definition

What is Centralised Exchange?

A company-operated platform that matches digital-asset buyers and sellers and may custody funds.

Example in practice

The investor deposits naira and buys tokens on a centralised exchange.

Keep learning

A digitally represented asset that uses cryptographic and distributed-ledger systems for issuance or transfer.

An electronically represented item of value or right that can be owned or transferred.

A distributed record of transactions grouped into linked blocks and maintained by a network.

A scarce metal commonly held for industrial use, jewellery, or investment.

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