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Best Cryptocurrency Exchange 2020
Best Cryptocurrency Exchange 2020

Crypto Exchange – Daily Report

Crypto Exchange – Daily Report

Today the Crypto Exchanges top 10 are:

  • BKEX
  • Coineal
  • Bilaxy
  • Binance
  • MXC
  • CoinEx
  • P2PB2B
  • Fatbtc
  • BiKi
  • Hotbit

The only 2 Exchanges Crypto Market that change in positive market, were:

  • Bilaxy
  • Fatcbtc

 

top 10 exchange

Crypto Exchange – Daily Report

 

Read more information:

Best in Market:

Market:

Nowadays, cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Dash, Monero (XMR), Ripple (XRP), Litecoin (LTC) and others have become a global phenomenon known to most people. As of May 15, 2018, data site CryptoCoinCharts indexed 4,625 cryptocurrencies with a total 24h volume of $15.12 Billion and $405.63 Billion market capitalization! Among all the cryptocurrencies, BTC share in the market capitalization is roughly 36%.

According to Cambridge University’s Global Cryptocurrency Benchmarking Study, the current number of unique active cryptocurrency wallets is estimated to be between 2.9 million and 5.8 million. At least 1,876 people are working full-time in the cryptocurrency companies. Notably, the exchanges sector has the highest number of operating entities and employs more people than any other sector in the cryptocurrency marketplace. At present time, CoinMarketCap has 212 exchanges listed. One can only imagine how many individuals are engaged in the industry. Considering today’s hype around cryptocurrencies and the exchanges that list them, we at Hacken have decided to take on an educational role in the space, as we feel it incredibly important to know the difference between centralized and decentralized crypto exchanges.

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Centralized Crypto Exchanges (CCE)

Centralized exchanges are trading platforms that function like traditional brokerage or stock markets. A CCE is owned and operated by a company that maintains total control over all transactions. Users of CCEs do not have access to the private keys of their exchange account’s wallets. This puts all of user’s trust in the hands of the exchange operators, as transactions can only be made through the mechanisms provided and approved by a central authority.

List of some famous CCE:

Decentralized Cryptocurrency Exchanges (DEX)

Much like cryptocurrencies, no companies operate DEX, as they are utilizing blockchain (distributed ledger) technology. In this way a DEX does not hold customers’ funds, positions, or information, and only serves as a matching and routing layer for trade orders.

List of some famous DEX:

 

See more in: Coin Market Cap

 

 

 

 

 

Mia Turner

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