The Exchange (DCE) is a business that allows its clients to trade or exchange cryptocurrencies.
CRYPTOCURRENCY EXCHANGES
A cryptocurrency exchange can be a financial institution that collects transaction fees for its services or a trading platform that simply charges fees for each transaction.
A crypto exchange can be a business with a physical presence or a strictly online business. As a business with a physical presence, it exchanges traditional payment methods (money, bonds, gold, etc.) with digital currencies. As an online business, it exchanges electronic money transfers with cryptocurrencies and / or cryptocurrencies between them.
Exchanges may accept credit or debit card payments, bank transfers, or other forms of payment in exchange for crypto purchases.
Exchanges can send purchased cryptocurrencies to their client’s personal wallet, or send money to their client’s bank account from the sale of their cryptocurrencies or, some of them, convert the client’s cryptocurrencies into anonymous prepaid cards. which can be used to withdraw cash from ATMs around the world.
THE LARGEST CRYPTOCURRENCY EXCHANGES
At the beginning of 2018, Bloomberg News announced the largest cryptocurrency exchanges based on trading volume and estimated revenue, as recorded by CoinMarketCap.
According to the survey, the first three exchanges are: Binance, Huobi and OKEX. Other elements of the survey document the problems faced by cryptocurrency traders and market prospects. Security and high transaction fees are the main concerns raised by the survey. So the first dozen spare parts according to CoinMarketCap research.
Binance, based in Malta – http://www.binance.com
Upbit, based in South Korea – http://www.upbit.com
Huobi, Singapore-based https://www.hbg.com/
Bittrex, US-based – http://bittrex.com/
Bithumb, based in South Korea – http://bithumb.com/
OKEx, based in Malta – http://www.okex.com/
Bitfinex, based in Hong Kong – https://www.bitfinex.com/
Coinbase, US-based – https://www.coinbase.com/
Bitstamp, based in the UK – https://www.bitstamp.net/
Kraken, US-based – https://kraken.com/
Πηγή: