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What is Cryptocurrency? A Simple ExplanationA digital exchange allows traders to buy and sell cryptocurrencies, such as BTC and ETH. Much like regular stock exchanges on a digital exchange. A cryptocurrency exchange, or a digital currency exchange, is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. An online trading platform that is used to buy, sell and exchange cryptocurrencies. Exchanges convert fiat currency (dollars, Euros, etc.) to crypto (Bitcoin.
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