The security of centralized exchanges (CEXs) is crucial as they manage large amounts of user funds and sensitive data. Leading platforms implement advanced security protocols like multi-factor authentication, cold wallet storage, encryption, anti-DDoS protection, and regular audits. Despite these measures, centralized exchanges have been targets for major hacks in the past. Ensuring regulatory compliance, transparency, and user education further strengthens trust. Choosing exchanges with strong track records and comprehensive insurance policies enhances user protection in a fast-evolving threat landscape.
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