Cryptocurrency Q&A How does online currency exchange work?

How does online currency exchange work?

Martino Martino Wed Jan 15 2025 | 7 answers 1016
I'm curious about how online currency exchange operates. I want to understand the process of converting one currency to another digitally, including any platforms or systems involved. How does online currency exchange work?

7 answers

Federico Federico Fri Jan 17 2025
The first model is offered by traditional and established bureau de changes.

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Silvia Silvia Fri Jan 17 2025
One such platform is WeSwap, which facilitates transactions between individuals.

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Daniele Daniele Fri Jan 17 2025
These institutions have been in the business for years and enjoy a significant level of trust.

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KimonoElegant KimonoElegant Fri Jan 17 2025
They typically offer competitive rates and are regulated to ensure transparency and security.

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NebulaNavigator NebulaNavigator Fri Jan 17 2025
The second model is represented by social currency exchange platforms.

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