People generally think one of the best ways to make money with cryptocurrency is by exchanging or trading them. The fact that the value of the Bitcoin has risen by 10000% since its inception is quite a lucrative proposition for any person seeking to make money.
Components For Creating a Cryptocurrency Exchange | Hacker Noon
What is a Cryptocurrency Exchange?
As the name implies, it is a platform where users can trade cryptocurrencies for other cryptocurrencies or fiat currency at a predetermined value that is decided by market dynamics.
Types of Cryptocurrency Exchanges
Not all exchanges are created the same! There are different types of cryptocurrency exchanges available in the market.
Administrator-User Cryptocurrency Exchange:
This type of exchange suits users who do not have much experience in buying or selling cryptocurrencies. It has a simple interface and an easy navigation feature. The exchanges are made instantly between the user and the administrator.
