CEX.transfer.Solana.December
The Solana blockchain is a decentralized, secure, scalable and fast ecosystem. This project was created with the aim of becoming a platform for decentralized applications (Dapp). Speed of transaction, support for smart contracts and high scalability of the network have made this project one of the leading ecosystems in the blockchain industry. Typically, CEXs operate under central supervision and have extensive customer recognition policies. At the same time, centralized exchanges are actively dealing with fraudsters, following applicable laws to prevent money laundering. Beginners especially use this type of exchange, because the centralized structure allows the creation of a user-friendly platform that makes buying and managing digital currencies very easy. The transfer to centralized exchange (CEX) from Solana network in December has been investigated in this dashboard.