Cryptocurrency Peer to Peer Exchange Software Development Company Malaysia
Fiat-to-Cryptocurrency Exchanges A crypto exchange is an online website that provides a platform for the buying, selling or exchange of cryptocurrencies like bitcoin, ether and litecoin for fiat money like USD, EUR and GBP. There are basically three different types of cryptocurrency exchange platforms. The difference is due to what determines the price of the cryptocoin on the exchange platform. These websites are marketplace where potential buyers and sellers of cryptocurrency can place “buy” or “sell” orders. The buyers and sellers do not interact with each other. Each person only interacts with the platform. The service charges fees upon the conclusion of every transaction. Instead of interacting solely with the platform, these services connect buyers and sellers directly. There are no fixed market prices as everything depends on the two parties coming to an agreement. The role of the cryptocurrency exchange is to provide escrow and transac...