What are crypto exchanges? A guide to crypto trading platforms
Cryptocurrencies are now a big thing in today’s financial scene. As digital assets gain more traction, we’ve seen a ton of cryptocurrency exchanges pop up where you can buy, sell, and trade different cryptocurrencies.
But with so many choices out there, it’s crucial to know the types of exchanges and how to pick the one that fits your needs best.
What are crypto exchanges?
Cryptocurrency exchanges run on blockchain technology, which is the backbone ensuring transactions are secure and reliable. Think of them like digital marketplaces, where users effortlessly join, deposit their cryptocurrencies, and smoothly withdraw them to their external wallets or bank accounts.
Beyond the basics, these…