Cryptocurrency Exchanges
Cryptocurrency exchanges are online platforms that allow users to buy, sell, and trade digital currencies like Bitcoin, Ethereum, and other cryptocurrencies. They function as intermediaries, providing marketplaces with order books, liquidity, and secure wallets for asset storage. These platforms support various transaction types, including spot trading, derivatives, and fiat-to-crypto conversions.
Developers should learn about cryptocurrency exchanges when building fintech applications, decentralized finance (DeFi) integrations, or trading bots that interact with crypto markets. They are essential for implementing features like real-time price feeds, automated trading strategies, or secure wallet management in blockchain-based projects. Understanding exchanges helps in compliance, API integration, and ensuring robust security for handling digital assets.