What is a cryptocurrency exchange (DCE)?
Could you please elaborate on what a cryptocurrency exchange, commonly referred to as a DCE, actually is? I'm curious to understand its fundamental workings and role in the crypto ecosystem. Specifically, how does it facilitate the buying, selling, and trading of digital currencies? Are there any specific requirements or procedures that users need to follow to utilize a DCE? Additionally, what are some of the key considerations when choosing a reputable DCE for one's trading needs? Your insights would be greatly appreciated.