A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.
Exchanges may accept credit card payments, wire transfers or other forms of payment in exchange for digital currencies or cryptocurrencies.
A cryptocurrency exchange can be a market maker that typically takes the bid–ask spreads as a transaction commission for is service or, as a matching platform, simply charges fees.
Crypto exchanges are trading platforms that allow you to exchange cryptocurrencies for money – Fiat (ie US dollars, crowns, etc.).
The larger the cryptocurrency, the more users fill out order books in which purchase and sale offers are entered.
The exchanges where you can buy physical coins are divided into two – crypto trading platforms and crypto brokers that offer trading with crypto certificates.
Physical coins are ideal for those who want to learn more about Blockchain technology and open their own wallet.