Even customers not necessarily affected

Even customers not necessarily affected by hacks of losses have sometimes shared the burden of compensation, with exchanges like Bitfinex known to spread losses to all

Why Are Centralized Exchanges Facing So Many Challenges?

Centralized exchanges are bound to adhere to various regulations, including Know Your Customer (KYC) and Anti-Money Laundering (AML) laws. Although these

In today

Can you trust crypto exchanges after the collapse of FTX?

As CEXs Fall Foul of Regulatory Transgressions, Can DEXs Offer

In today’s complex regulatory environment, establishing a trustworthy Centralized Exchange (CEX) has become a significant challenge. CEX platforms must meet

Some of them self

Safeguarding Customers on CEXs: What's Being Done and What

Some of them self-insure like Binance’s much-touted SAFU program which allocates 10% of all trading fees in the platform only to be used when user funds are in trouble.

DEX vs CEX: Battle of the Exchanges

Binance and other industry giants

Do CEXs like Binance implement proper user protection?

Binance and other industry giants like Bitget, OKX, etc. have taken steps to ensure that their users and funds are best protected. One of the first steps cexes took was to show their Proof

CEX vs DEXWhich Is Best For You In 2025? - SnapX Blog

CEXs are typically subject to

Building Trust in Crypto Exchanges: How Simplifying Compliance

For Beginners: CEXs like Binance and Coinbase provide a user-friendly experience with customer support and fiat options. For Privacy-Conscious Users: DEXs offer pseudonymous trading and

CEXs are typically subject to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, which can enhance consumer protection but

Are CEXs like Binance Upholding Customer Protection