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Platforms that facilitate the trading of cryptocurrencies for other assets, including digital and fiat currencies . What are Cryptocurrency Exchanges?  Cryptocurrency exchanges are platforms that facilitate the trading of cryptocurrencies for other assets, including digital and fiat currencies. In effect, cryptocurrency exchanges act as an intermediary between a buyer and a seller and make money through commissions and transaction fees. On common cryptocurrency exchanges, $100 can be exchanged for bitcoin of equivalent value, and vice-versa. Similarly, bitcoin worth $100 can be exchanged for Ethereum of equivalent value. The same concept can be applied to different assets based on what is offered by the exchange. Centralized vs. Decentralized Cryptocurrency Exchanges  Centralized cryptocurrency exchanges act as a third-party between a buyer and a seller. Since they are operated and controlled by a company, centralized exchanges offer more reliability. Approximately 99% of all ...

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                      COINBASE   Over the past years, cryptocurrencies have skyrocketed. Many have decided to trade within this industry and the market has filled up. With more people involved, come the concerns regarding security and safety. One of the most popular exchanges that are currently available in Coinbase. It began in San Francisco in 2012. It is now available in 32 countries and has more than 12 million users. The amount that has been exchanged in digital currencies in total is over $40 billion. A year after it was created Coinbase became the highest funded startup in the crypto industry. It also achieved another milestone – it was the largest exchange of cryptocurrency in the world. Coinbase is different from others because it enables users to trade their cryptocurrency at a set price that is based on their market value. In this way they can purchase their cryptocurrencies in a quicker way than other exchanges. Yo...