Cryptocurrency exchanges are marketplaces that allow users to trade cryptocurrencies for other assets such as digital and fiat currencies. In effect, cryptocurrency exchanges work as a middleman between buyers and sellers, collecting money through commissions and transaction fees.
Cryptocurrency Exchanges – Centralised verses Decentralised.
Centralized bitcoin exchanges act as a middleman between buyers and sellers. Because they are administered and regulated by a company, centralized exchanges are more reliable. On centralized exchanges, around 95% of all cryptocurrency transactions take place.
DEXs (decentralised cryptocurrency exchanges) enable users to execute peer-to-peer transactions without the need for a third party. Some consumers choose decentralized exchanges because they avoid some of the drawbacks of centralised exchanges.
Fulger Marketing provides marketing solutions for bitcoin exchanges that swiftly enhance new user engagement, leads, and acquisitions. For ICOs, Initial Coin Offerings, and IEOs, Initial Exchange Offerings, we provide turnkey crypto marketing services, including market audit and analysis, marketing strategy, brand creation, crypto exchange user acquisition marketing, Google PPC ADS advertising, crypto community social media marketing, telegram marketing, and video content marketing. All of this is aimed at recruiting as many new active users as possible, hence increasing trade volumes.
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