Digital Asset Exchanges are the central services through which you’re able to trade or “invest” into “crypto” systems. They provide a safe, secure and manageable system through which you’re able to buy “crypto” tokens from other people. So you can Buy & Sell Bitcoin and other Cryptocurrencies. There are a large number of “crypto” exchanges – with CoinBase being the most popular by far. This exchange also allegedly recorded revenues of just over $1bn last year (2017), due primarily to the massive influx of retail traders buying up the various “crypto” tokens. Whilst each “crypto” service has its own quirks. The most common traits are that they will typically only provision the trade of “Bitcoin” for “fiat” currency. Most systems will not touch “alt” coins because they have such low values, and such volatile prices.
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