Exchanges
Exchanges - exchanges are the marketplaces where people trade tokens to determine their value. Exchanges come in two flavors. There are centralized exchanges which swap tokens between two participants on the same exchange. And there are DeFi exchanges, short for decentralized finance, which enable trades of tokens between two people directly without an exchange in the middle. Think eBay vs Craigslist for crypto and you’ll have the gist.
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Stock exchanges can be either physical places or virtual gathering spots. Nasdaq is an example of a virtual trading post, in which stocks are traded electronically through a network of computers. Electronic trading posts are becoming more common and a preferred method of trading over physical exc...
Stock Exchanges
Stock exchanges can be either physical places or virtual gathering spots. Nasdaq is an example of a virtual trading post, in which stocks are traded electronically through a network of computers. Electronic trading posts are becoming more common and a preferred method of trading over physical exc...
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