Illustration: Crypto Currency Exchange. Cryptocurrency Trading Market Concept Vector Illustration
ID 236070716 © Sutowo | Megapixl.com
A crypto exchange, also known as a cryptocurrency exchange, is a platform or digital marketplace where individuals and businesses can buy, sell, and trade cryptocurrencies. These exchanges facilitate the conversion of one cryptocurrency into another or the exchange of cryptocurrencies for fiat currencies like the US dollar or Euro.Crypto exchanges provide users with an online interface where they can create an account, deposit funds, and place orders to buy or sell cryptocurrencies. The exchange acts as an intermediary that matches buy and sell orders from different users and executes the transactions.
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