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Cryptocurrency Exchange is a digital marketplace where traders can buy and sell cryptocurrencies using different fiat currencies or other cryptocurrencies. It is a platform that allows users to exchange one type of digital asset for another, based on market demand and supply. Cryptocurrency exchanges are often used to facilitate trading between different types of digital assets, such as Bitcoin, Ethereum, Litecoin, and Ripple. They also provide a platform for users to store their digital assets securely.
Cryptocurrency exchanges are regulated by financial authorities in many countries, and they are subject to anti-money laundering and know-your-customer regulations. They also provide a range of services, such as margin trading, derivatives trading, and futures trading.
Some of the major companies in the Cryptocurrency Exchange market include Coinbase, Binance, Kraken, Bitstamp, and Huobi. Show Less Read more