exchanges

Exchanges are platforms or systems where various items, such as goods, services, or financial assets, are traded between people or organizations. In a market context, an exchange facilitates the buying and selling of stocks, commodities, or cryptocurrencies, providing a structured environment for these transactions. Each party agrees on the terms, which often include prices and quantities. Examples include the New York Stock Exchange for stocks and cryptocurrency exchanges like Coinbase. Essentially, exchanges promote liquidity, allowing participants to easily enter or exit trades while ensuring fair pricing and transparency.