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Difference Between Centralized and Decentralized ExchangesIn this guide, we'll break down the 9 best cryptocurrency exchanges in Canada based on factors like user experience, fees, and customer support. One of the most prominent names in the crypto exchanges industry is Binance. Founded in , the exchange quickly reached the number one spot by trade volumes. Centralized crypto exchanges (CEX) are managed by one organization. Centralized exchanges make it easy to get started with cryptocurrency trading by allowing.