What is an Exchange?

Exchange

Exchange is a service for buying and selling transactions of cryptocurrencies among participants.

Buyers and sellers each place an order, and the order information can be confirmed. It is possible to trade with a high degree of freedom while referring to information that cannot be read from a chart.

Since exchanges only provide a place to make such transactions, a major feature is that they allow you to buy and sell virtual currencies with zero or small fees.

However, if the number of participants and the volume of cryptocurrencies being traded are small, problems can arise, such as violent price fluctuations and the time it takes to confirm an order.

Therefore, this is a trading method for those who want to trade at their desired price at any cost, even if it takes time.

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