CEX

After selling out their $16.4m presale, Metacade is now set to list its token MCADE on the well-known centralised exchange BitMart, which boasts over 9 million users. The listing is scheduled to take place on Friday, 20th April, 9 am UTC, at which point registered users of BitMart will be able to buy, sell & trade MCADE tokens. Metacade has seen strong momentum following numerous announcements and milestones. It sold out its huge $16.4m presale early, quickly followed by the…

Cryptocurrency exchanges arose from the need to trade digital currencies, just like in forex trading. If one wishes to change hard currency into digital currency, they use crypto exchanges to acquire such assets as bitcoin stored in digital wallets.  Types of Crypto Exchanges However, despite their unprecedented growth and market infiltration, cryptocurrencies cannot replace conventional platforms. This necessitated a look into how physical platforms could be incorporated with cryptocurrencies. Thus, centralized and decentralized exchanges emerged.  Centralized exchanges (CEX) Centralized exchanges…

How is trading cryptocurrencies different from other assets like fiat currency, stocks, or bonds? There are quite a few distinctions, but the main difference is that cryptocurrencies have their trading exchanges, either centralized or decentralized. In recent years, cryptocurrencies have grown in popularity and adoption. They offer cheap, borderless ways of sending and receiving money and new investment opportunities. Additionally, many people migrate to cryptocurrencies as stores of value to protect their wealth from individual and collective government inflation. This…