Cryptocurrency Exchanges

Central cryptocurrency exchanges: They are trading exchanges that include a trusted third party that confirms buying and selling trades outside the Blockchain and deducts trading fees, the most important of which are Coinbase and Gemini.

Decentralized cryptocurrency exchanges: They are characterized by not relying on a third party or intermediary to confirm transactions and only recording data on the blockchain without fees, that is, they are subject to peer-to-peer transactions, the most important of which are Uniswap, Venus and BankSwap.

Learn more economic terms in the Glossary of Terms

Related Articles

Back to top button