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General TradingE

Exchange (Crypto)

A cryptocurrency exchange is a platform that allows users to buy, sell, and trade digital assets like Bitcoin and Ethereum. Exchanges can be centralized (operated by a company) or decentralized (using smart contracts for peer-to-peer trading).

Example

The trader bought 2 BTC on Coinbase, a centralized crypto exchange, using a bank transfer, then later moved the funds to Uniswap, a decentralized exchange, to swap for altcoins.