What are #EXCHANGES 💱 Exchanges are digital platforms that allow you to buy, sell, and trade cryptocurrencies like Bitcoin or Ethereum, functioning as virtual exchange houses.
Types:
• CEX (Centralized): operated by companies that act as intermediaries (e.g., Binance).
• DEX (Decentralized): allow direct exchanges between users without intermediaries (e.g., Uniswap).
🔑 They are key to entering the crypto world, managing your portfolio, and accessing features like wallets, staking, and advanced trading. #BinanceSquare $BTC #Write2Earn $ETH $BNB #Binance