What is a Cryptocurrency Exchange?

The digital currency market appeared back in 2009 and, during this period, has grown from unknown candy wrappers for geeks to an industry with a trillion capitalization. At its peak, in November 2021, the total capitalization of the entire cryptocurrency market reached over $2.8 trillion. Over the years, many platforms for working with digital coins have emerged in the industry. However, novice investors face difficulties finding the safest place to buy cryptocurrency. Hundreds of scammers appear in this industry, so choosing a crypto platform must be as thorough as possible. In this material, we will introduce some ways to trade cryptocurrencies. By the end of the reading, you will become familiar with CEXs, DEXs, and their functions and comprehend how to apply them to participate in decentralized finance. In addition, we will tell you by what criteria and for what needs to choose platforms for trading.