What is an Exchange?

An exchange is a platform where you can buy, sell and exchange cryptocurrency. You can also monitor the cryptocurrency market and create your digital wallet.

Currently, there are 2 types of exchanges:

  1. Centralised Exchanges: your cryptocurrency is stored on their platform.
  2. Decentralised Exchanges (DX): your cryptocurrency is not stored on their
    platform as they are on the blockchain.

Examples of Centralised Exchanges:

Examples of Decentralised Exchanges:

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