What is a Crypto Exchange?

A crypto exchange is a platform that allows users to buy, sell, and trade various types of digital assets, such as cryptocurrencies. These exchanges provide a marketplace for people to buy and sell digital assets using various forms of payment, such as fiat currency (e.g., US dollars) or other cryptocurrencies. Some popular crypto exchanges include Coinbase, Binance, and Kraken. Crypto exchanges differ regarding the types of assets they support, the fees they charge for trades, and their overall security and…