For many, the first step into the world of cryptocurrencies is by way of an exchange, which is essentially a marketplace that allows users to both buy and sell various cryptocurrencies. In many ways, it’s similar to the process of buying and selling stocks via a stock exchange, but it differs in one fundamental way. There is no middle man, no broker executing transactions, with a cryptocurrency exchange.
With anywhere around 200 exchanges in operation, with most of them not operating under any rules or regulations, you have to do your homework before you place your …
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