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Definition · Markets

Was ist Exchange?

A venue matching buyers and sellers. Most are custodial: balances shown are database entries, not coins you control.

Exchanges provide liquidity and price discovery, and they are where most people first acquire bitcoin. Internal transfers between customers never touch the chain.

Leaving coins on an exchange is a custody decision with counterparty risk, whatever the interface implies. It may be a reasonable decision; it should be a conscious one.

Verwandte Begriffe

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Diese Definition ist Teil des Bitcoin-Logical-Glossars. Für die ausführliche Erklärung beginnen Sie mit Lernen, oder sehen Sie die Live-Zahlen auf Das Bitcoin-Signal.