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Crypto exchanges generate billions of dollars in trading volume a day, but what exactly do they do

For those finding out about cryptocurrencies for the first time, there’s a lot to take in. First you have to understand how Bitcoin, Ethereum and other coins work, discover blockchain’s role in the process, and appreciate why some see this technology as a compelling alternative to fiat currencies.

But the steep learning curve doesn’t end here. Anyone interested in owning a digital asset for themselves needs to think long and hard about where to buy them securely and for a good price. This is where crypto exchanges come in – and, when browsing the countless trading platforms that have popped up recently, there’s one thing you should bear in mind: they are not all created equal.

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