It is not secret that cryptocurrency exchanges are the lifeblood of the crypto trades, without their existence, there would be zero liquidity for cryptocurrency, infact the hundreds of millions of dollars that we see as the marketcap of crypto would be non-existent and Cryptocurrencies would have collapsed a long time ago if not for this wonderful invention.
There are two fundamental types of exchanges that exists and they are the centralised and decentralised exchanges although in recent times, we have been seeing the rising spares of some controversial new exchanges that claim to be half centralised and half decentralised.
Blockchain technology is truly revolutionary, thanks to blockchain, we have seen so many innovations ranging from secure peer-to-peer financial transactions to even escrow services using smart contracts based in the blockchain technology, Blockchain technology is the underlying technology where Cryptocurrencies are built, infact blockchain technology is said to be the future and the next best innovation after the invention of the internet.
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