Before we get into exchanges, let’s refresh our minds about what cryptocurrency is. The concept behind cryptocurrencies is relatively simple, while the math and technology are not. Essentially, a cryptocurrency is a virtual or digital currency that utilizes cryptography as a means for protection and security.
Cryptography is also used to regulate the creation of additional units, so as to not drive the overall digital currency market wild. One of the greatest appeals of cryptocurrencies is that they are not regulated by any government agencies. The most popular digital asset is the bitcoin, followed by ethereum.
1 What Are Cryptocurrency Exchanges?
2 What to Consider When Picking the Best Cryptocurrency Exchanges
Picking the ideal cryptocurrency exchange platform for your specific needs may be a difficult and time-consuming process. You will need to pay attention to the fees, reputation, security, verification processes, and geographical services an exchange platform has to offer. You are not limited to using only one cryptocurrency exchange. This course will assist you in deciding which exchange platform to use.
We have selected 6 Cryptocurrency exchanges here which are trustworthy and easy to use for beginners to get started building their investment portfolios.