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Crypto exchanges

Crypto exchanges are online platforms that allow users to buy, sell, or trade cryptocurrencies like Bitcoin and Ethereum. They function similarly to stock exchanges, enabling users to exchange their digital assets for other cryptocurrencies or traditional currencies like the US dollar. Users can create accounts, deposit funds, and conduct transactions at market prices. Exchanges often charge fees for their services and may offer additional features like wallets for storage, market analysis tools, and trading options. Security measures are important, as the digital nature of these assets may expose them to risks such as hacking.