How does a centralized exchange work?
I'm curious about the functioning of a centralized exchange. How does it operate and facilitate trades, and what role does it play in the overall financial market?
How does a barter exchange work?
Could you elaborate on the mechanics of a barter exchange? Specifically, how do parties agree on the value of the goods or services being exchanged, and what happens if there's a disagreement? Additionally, are there any regulations or intermediaries involved in facilitating these types of transactions, and how do they ensure fairness and transparency? Finally, what are some of the benefits and drawbacks of using a barter exchange as a means of conducting business?