1 / 14

Types Of Cryptocurrency Exchanges You Should KnoIf you want to buy and sell bit

If you want to buy and sell bitcoin or any other cryptocurrency you will need a cryptocurrency exchange to Trade the currencies. These services are similar to works like a stockbroker, giving you the tools to trade cryptocurrencies like bitcoin, ethereum and dogecoin. Some Cryptocurrency exchanges make it easy to trade cryptocurrencies with low fees and secured manners.<br>

34344
Download Presentation

Types Of Cryptocurrency Exchanges You Should KnoIf you want to buy and sell bit

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Types Of Cryptocurrency Exchanges You Should Know! www.bitdeal.net

  2. If you want to buy and sell bitcoin or any other cryptocurrency you will need a cryptocurrency exchange to Trade the currencies. These services are similar to works like a stockbroker, giving you the tools to trade cryptocurrencies like bitcoin, ethereum and dogecoin. Some Cryptocurrency exchanges make it easy to trade cryptocurrencies with low fees and secured manners.

  3. Types of Cryptocurrency Exchanges ● Centralized Cryptocurrency Exchange ● Decentralized Cryptocurrency Exchange ● Hybrid Exchange

  4. Centralized Cryptocurrency Exchange Centralized Exchange is the first innovation in the blockchain industry to trade cryptocurrencies. In centralized exchange you have to trust a third party to monitor the transaction and secure the digital assets on behalf of the Traders.

  5. Centralized Cryptocurrency Exchange Their Transactions are not tracked on the blockchain. Centralized Exchanges require you to submit your (Name,Email id,Mobile Number) personal information for your verification. Centralized exchanges allow users to trade Fiat - Cryptocurrency and Crypto- cryptocurrency pairs.

  6. Pros of Centralized Exchanges: ● Liquidity ● Volume ● Speed Cons of Centralized Exchanges: ● Custody ● Security ● Manipulation

  7. Decentralized Cryptocurrency Exchange: Decentralized Exchange is a kind of cryptocurrency exchange that allows users for peer-to-peer cryptocurrency transactions to take place online securely and without the need for a middleman. Users do not need to transfer their cryptocurrencies (digital assets) to the exchange. It reduces the risk of theft and hacking of centralized Exchanges.

  8. Decentralized Cryptocurrency Exchange: Decentralized Exchange Works on Different Approaches. The Transactions are complete without an intermediator. DEX supports only Crypto - Crypto Trading. In Decentralized exchange everything is based on Smart Contract.

  9. Pros of Decentralized Exchanges: ● Privacy ● Security ● Decentralized Server Cons of Decentralized Exchanges : ● Complexity ● Lack of Fiat Payments ● Liquidity Struggles

  10. Hybrid Cryptocurrency Exchange : Hybrid exchange is a combination of both Centralized and Decentralized Exchange. It mainly focuses on the Liquidity of Centralized Exchange, as well as the complexity and security of Decentralized Exchange Platforms.

  11. Pros of Hybrid Exchanges: ● Users can trade both centralized and decentralized exchange platform ● Provide Real Time Service Access ● Incorporates solutions based on blockchain technology

  12. These Cryptocurrency exchanges play a major role in the Blockchain industry. We might possibly expect most of the entrepreneurs to launch a cryptocurrency exchange with the latest futures.

  13. There are a lot of blockchain development companies in the blockchain industry providing cryptocurrency exchange services. Bitdeal is India’s Leading Blockchain development company provides unique cryptocurrency exchange development services in a secure manner.

  14. Request a Free Demo Whatsapp :+ 919677555651 Mail : sales@bitdeal.net www.bitdeal.net

More Related