Centralized exchange development involves creating a platform for cryptocurrency trading under a centralized authority. These exchanges act as intermediaries, managing user funds and transactions while providing features like order matching, high liquidity, advanced trading tools, and security protocols. Developers focus on user-friendly interfaces, scalability, robust APIs, and compliance with regulatory standards. Centralized exchanges are popular for their ease of use, faster transactions, and support for fiat-to-crypto conversions, making them essential in the cryptocurrency ecosystem.
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