Content deleted Content added
Devokewater (talk | contribs) m Reference edited with ProveIt |
remove outdated reference; include reference about withdrawals |
||
Line 8:
A '''cryptocurrency exchange''', or a '''digital currency exchange''' ('''DCE'''), is a business that allows customers to trade [[cryptocurrencies]] or [[digital currencies]] for other assets, such as conventional [[fiat money]] or other digital currencies. Exchanges may accept credit card payments, wire transfers or other forms of payment in exchange for digital currencies or cryptocurrencies. A cryptocurrency exchange can be a [[market maker]] that typically takes the [[bid–ask spread]]s as a transaction commission for is service or, as a matching platform, simply charges fees.
Some brokerages which also focus on other assets such as stocks, like [[Robinhood_(company)|Robinhood]] and [[eToro]], let users purchase but not withdraw cryptocurrencies to cryptocurrency wallets. Dedicated cryptocurrency exchanges such as [[Binance]] and [[Coinbase]] do allow cryptocurrency withdrawals, however.
== Operation ==
| |||