Cryptocurrency Explained #8 – Exchanges, decentralised, and centralised

Cryptocurrency Explained #8 – Exchanges, decentralised, and centralised

This week I’ll be talking about how cryptocurrencies are traded. What happens when you put your funds on an exchange. I’ll talk about the built in decentralised exchange on the XRP Ledger, and how it compares to centralised exchanges like Bitstamp, Binance, Kraken, etc. I’ll also touch on smart contracts, atomic swaps and decentralised exchanges in other cryptocurrencies.

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