crypto exchange

Token trading platform

A crypto exchange is a platform where users buy, sell, and trade cryptocurrencies like Bitcoin or Ethereum.

These exchanges function similarly to stock exchanges but for digital currencies, allowing conversion between different cryptocurrencies or between crypto and traditional money: I bought my first Bitcoin on a crypto exchange.

Some exchanges hold users' funds (centralized), while others facilitate direct peer-to-peer trading (decentralized).

Related

altcoin · deposit · withdraw · liquidity · fees · fiat · leverage · spot · futures · staking · tokens · volatility · to the moon · whale · pump · dump · rug pull · paper hands

Categories
Opposites
asset class traded

crypto exchangestock exchange

Securities trading marketplace

securities exchange · bond market · NYSE · futures exchange · NASDAQ

financial system paradigm

crypto exchangecentral bank

National currency management institution

Federal Reserve · Wall Street · commercial bank · savings and loan · credit union

custody and control

crypto exchangehardware wallet

Device storing private keys offline

cold storage · Ledger

Family

crypto, exchange, cryptic, cryptically, crypt, crypts, encrypt, encrypted, encryption

Familiarity
Top 500,000
Profile
Used worldwide · Rated G