crypto exchange

A crypto exchange is a platform that allows users to buy, sell, or trade cryptocurrencies, much like a stock exchange does for stocks. It provides a marketplace where buyers and sellers can connect, view current prices, and execute transactions. Typically, users create an account, deposit funds, and then place orders for specific cryptocurrencies. The exchange manages the transaction process, ensuring secure and efficient trades. Some exchanges also offer tools for analysis and additional features like staking or lending. Overall, it acts as a digital marketplace enabling access to various cryptocurrencies with ease.