Just like you use platforms such as ETRADE or Robinhood to buy and sell stocks, you need a specialized platform to trade digital currencies like Bitcoin or Ethereum. This is where the concept of a cryptocurrency exchange comes into play. So, what is cryptocurrency exchange? It’s an online platform that allows users to buy, sell, or trade cryptocurrencies securely, often supporting both fiat and crypto transactions. Debut Infotech provides a detailed explanation of how these exchanges work, the types available (centralized, decentralized, and hybrid), and what features are essential for building a secure and user-friendly exchange platform.
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