A centralized cryptocurrency exchange refers to a digital platform where users can trade cryptocurrencies with each other. Unlike decentralized exchanges that operate on blockchain technology and eliminate intermediaries, centralized exchanges rely on a centralized entity to facilitate transactions. These exchanges act as intermediaries, holding users' funds and executing trades on their behalf.

Hivelance is a popular Centralized Cryptocurrency Exchange development company with team of experienced cryptocurrency exchange developers who have worked on a variety of projects, including Binance, Coinbase, and FTX. This experience gives them the expertise to develop a high-quality exchange that meets your needs. Hivelance's centralized cryptocurrency exchange platform is cost-effective, so you can get started with your own exchange without breaking the bank.