Is Bibox centralized?

Excuse me, I'm curious about the structure of the Bibox platform. Could you please clarify whether Bibox is a centralized exchange or not? I understand that in the world of cryptocurrency, the distinction between centralized and decentralized platforms is quite significant, and it's important to know which one we're dealing with. I'm asking because I'm considering using Bibox for my trading activities, and I'd like to make sure I understand its operational model before proceeding.