{"id":2282,"date":"2021-07-22T14:00:39","date_gmt":"2021-07-22T20:00:39","guid":{"rendered":"https:\/\/veritasblockchain.ca\/?p=2282"},"modified":"2021-07-23T12:22:40","modified_gmt":"2021-07-23T18:22:40","slug":"cryptocurrency-exchanges","status":"publish","type":"post","link":"https:\/\/veritasblockchain.ca\/learn\/cryptocurrency-exchanges\/","title":{"rendered":"Types of Cryptocurrency Exchanges"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2282\" class=\"elementor elementor-2282\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6427f3b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6427f3b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2f2cf9b\" data-id=\"2f2cf9b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a130d45 elementor-widget elementor-widget-text-editor\" data-id=\"a130d45\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Cryptocurrency exchanges are online platforms or applications that let you buy Bitcoin and other types of <a href=\"https:\/\/veritasblockchain.ca\/learn\/what-are-cryptocurrencies\/\">cryptocurrencies<\/a>. However, with <a href=\"https:\/\/coinmarketcap.com\/rankings\/exchanges\/\">hundreds of exchanges<\/a>, how do you know which one to buy from?<\/p><p>Multiple types of exchanges exist, but the most common are fiat-to-crypto and crypto-to-crypto exchanges. Fiat-to-crypto exchanges are centralized: they are controlled and managed by a corporation or organization. Crypto-to-crypto exchanges can be either centralized or decentralized. Decentralized exchanges are called &#8220;dexes&#8221; and run entirely on a blockchain network.<\/p><p>All exchanges allow you to buy crypto depending on what type of funds you are using to purchase with.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9a6715c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9a6715c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fad1b30\" data-id=\"fad1b30\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e589110 elementor-widget elementor-widget-heading\" data-id=\"e589110\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Fiat-to-Crypto Exchanges<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9905005 elementor-widget elementor-widget-text-editor\" data-id=\"9905005\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>For starters in cryptocurrencies, the easiest way to convert dollars into Bitcoin is through a fiat-to-crypto exchange.<\/p><p>&#8220;Fiat&#8221; money is currency that is issued by a government entity and includes all traditional currencies like Canadian or US dollars. Fiat-to-crypto exchanges let you link a bank account to the exchange where you can deposit your money. After depositing funds, these types of exchanges make it very easy to buy and sell Bitcoin and other cryptocurrencies.<\/p><p>One of the most popular fiat-to-crypto exchanges is <a href=\"https:\/\/www.coinbase.com\/\">Coinbase<\/a>. The platform has a very\u00a0friendly user interface with a good amount of coins available to purchase. Coinbase began in 2009 selling just Bitcoin and recently went <a href=\"https:\/\/blog.coinbase.com\/coinbase-announces-effectiveness-of-registration-statement-and-anticipated-listing-date-of-its-1509b281f760\">public on the stock market<\/a> in early 2021<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-70e0a27 elementor-widget elementor-widget-image\" data-id=\"70e0a27\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"516\" src=\"https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinbase-1024x516.jpg\" class=\"attachment-large size-large wp-image-2306\" alt=\"coinbase cryptocurrency exchanges\" loading=\"lazy\" srcset=\"https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinbase-1024x516.jpg 1024w, https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinbase-300x151.jpg 300w, https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinbase-768x387.jpg 768w, https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinbase-1536x773.jpg 1536w, https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinbase.jpg 1889w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Coinbase Exchange<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f915be4 elementor-widget elementor-widget-heading\" data-id=\"f915be4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Benefits of Fiat-to-Cryptocurrency Exchanges<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb78af4 elementor-widget elementor-widget-text-editor\" data-id=\"bb78af4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Ease of use:\u00a0simply connect your banking information, fund your account, then buy cryptocurrencies with a few clicks<\/li><li>Less complex: user-friendly interfaces and navigation<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-288b79e elementor-widget elementor-widget-heading\" data-id=\"288b79e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Disadvantages of Fiat-to-Cryptocurrency Exchanges<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c6bcc8 elementor-widget elementor-widget-text-editor\" data-id=\"1c6bcc8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Usually higher fees: per-transaction fees and deposit\/withdrawal fees are higher when compared to crypto-to-crypto exchanges<\/li><li>Less variety: the number of cryptocurrencies available to buy and sell are usually limited to larger market cap coins<\/li><li>Less functionality: limited or no charting tools, unavailable order types (i.e. limit orders)<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81cde16 elementor-widget elementor-widget-heading\" data-id=\"81cde16\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Fiat-to-Crypto Exchanges to Buy and Sell Crypto<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81670b4 elementor-widget elementor-widget-text-editor\" data-id=\"81670b4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><a href=\"http:\/\/coinbase.com\">Coinbase<\/a><\/li><li><a href=\"https:\/\/crypto.com\/\">Crypto.com<\/a><\/li><li><a href=\"https:\/\/www.newton.co\/\">Newton<\/a> (Canadian)<\/li><li><a href=\"https:\/\/www.coinberry.com\/\">CoinBerry<\/a> (Canadian)<\/li><\/ul><p>Before registering for any exchange, always review the rules and restrictions because some exchanges are available only in certain countries.<\/p><p><em>* Some exchanges also accept credit cards to buy crypto. We do not recommend this as some banks have placed restrictions and treated credit cards as cash advances.<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d4983d9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d4983d9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4bf9b80\" data-id=\"4bf9b80\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ef12c8e elementor-widget elementor-widget-heading\" data-id=\"ef12c8e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Crypto-to-Crypto Exchanges<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49f28dd elementor-widget elementor-widget-text-editor\" data-id=\"49f28dd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Crypto-to-crypto exchanges are more complex because they require you to already have crypto to make trades. Because you are not able to deposit fiat money into these exchanges, you will have to deposit popular cryptocurrencies like BTC or ETH to purchase other types of crypto.<\/p><p>Although crypto-to-crypto exchanges require more steps to start, they offer a wider variety of coins than fiat-to-crypto exchanges. Crypto-to-crypto exchanges also provide more advanced users with features like additional order types, charting tools, and staking.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8d5dbf elementor-widget elementor-widget-heading\" data-id=\"b8d5dbf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Benefits of Crypto-to-Crypto Exchanges<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f6b8859 elementor-widget elementor-widget-text-editor\" data-id=\"f6b8859\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><span style=\"font-style: inherit; font-weight: inherit; color: var( --e-global-color-text );\">More variety: the number of cryptocurrencies available far exceed fiat-to-crypto exchanges<\/span><\/li><li><span style=\"font-style: inherit; font-weight: inherit; color: var( --e-global-color-text );\">More functionality: more tools and options instead of just buying and selling<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c4e152 elementor-widget elementor-widget-heading\" data-id=\"0c4e152\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Disadvantages of Crypto-to-Crypto Exchanges<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7794b09 elementor-widget elementor-widget-text-editor\" data-id=\"7794b09\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul>\n<li><span style=\"font-style: inherit; font-weight: inherit; color: var( --e-global-color-text );\">Fairly complex: difficult to learn and use if never used a trading brokerage platform<\/span><\/li>\n<li>Cannot withdraw to banks: because crypto-to-crypto exchanges operate in crypto, you will have to transfer coins into a fiat-to-crypto exchange to withdraw from there<\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97250ab elementor-widget elementor-widget-heading\" data-id=\"97250ab\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Crypto-to-Crypto Exchanges<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bec12b9 elementor-widget elementor-widget-text-editor\" data-id=\"bec12b9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><a href=\"https:\/\/binance.com\/\">Binance<\/a><\/li><li><a href=\"http:\/\/huobi.com\">Huobi<\/a><\/li><li><a href=\"https:\/\/ftx.com\/\">FTX<\/a><\/li><li><a href=\"http:\/\/kucoin.com\">KuCoin<\/a><\/li><\/ul><p style=\"font-size: 20px; font-style: normal; font-weight: 400;\">Before registering for any exchange, always review the rules and restrictions because some exchanges are available only in certain countries.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d1a8be2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d1a8be2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8b5f6f6\" data-id=\"8b5f6f6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1d51bc2 elementor-widget elementor-widget-heading\" data-id=\"1d51bc2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Risks of Cryptocurrency Exchanges<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a2f799 elementor-widget elementor-widget-text-editor\" data-id=\"4a2f799\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>There is always some level of risk when putting your money into a third party exchange. Although the industry is getting safer, platforms have been hacked and shut down completely, causing users to lose all their funds.\u00a0<\/p><p>To mitigate this risk, choose high-quality exchanges, setup two-factor authentication, or move your funds right out of the exchanges after you buy them.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0fd9755 elementor-widget elementor-widget-heading\" data-id=\"0fd9755\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Exchange Quality<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0032890 elementor-widget elementor-widget-text-editor\" data-id=\"0032890\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-style: inherit; font-weight: inherit; color: var( --e-global-color-text );\">Choose exchanges that are popular, have high volume, and have been active for a long time. Avoid exchanges that have little to no volume or have poor user interfaces. A quick\u00a0search on Google and Reddit for reviews and community engagement is also recommended.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fa722a elementor-widget elementor-widget-heading\" data-id=\"4fa722a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Two-Factor Authentication<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c27b19 elementor-widget elementor-widget-text-editor\" data-id=\"0c27b19\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-style: inherit; font-weight: inherit; color: var( --e-global-color-text );\">Even if exchanges get hacked and hackers get control of your username and password, loss of funds can be prevented with two-factor authentication (2FA). With 2FA, a third-party application is connected to your exchange account that provides a unique passcode. The passcode must be entered every time you log into the exchange. This makes it necessary for the actual user of the account to have two methods (the log-in information and a passcode) to access the funds.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0c48ce elementor-widget elementor-widget-heading\" data-id=\"e0c48ce\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Not Your Keys, Not Your Coins<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b933c1 elementor-widget elementor-widget-text-editor\" data-id=\"2b933c1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-style: inherit; font-weight: inherit; color: var( --e-global-color-text );\">When you hold cryptocurrencies in an exchange, you actually do not have full custody of your coins. This is because you do not control your private keys. A private key is a unique passphrase that provides you access to your cryptocurrencies directly on the blockchain.<\/span><\/p><p><span style=\"font-style: inherit; font-weight: inherit; color: var( --e-global-color-text );\">With an exchange, they are responsible for keeping custody of your funds and maintaining the private keys. To take full ownership of your cryptocurrencies and eliminate any risk from leaving your funds on exchanges, transfer your coins to a <a href=\"https:\/\/veritasblockchain.ca\/guides\/how-does-a-bitcoin-wallet-work\/\">digital wallet<\/a>. A digital wallets is an application on your mobile device that provide you with your own private keys so you get direct access to your cryptocurrency.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6fb7aa7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6fb7aa7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-987687a\" data-id=\"987687a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aa9fb61 elementor-widget elementor-widget-heading\" data-id=\"aa9fb61\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Other Considerations<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a827307 elementor-widget elementor-widget-text-editor\" data-id=\"a827307\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>With a growing number of cryptocurrencies coming out every day, choosing the right exchange can be a difficult. A great resource to find which cryptocurrency exchanges trade your favourite coins is <a href=\"https:\/\/coinmarketcap.com\/\">CoinMarketCap<\/a>. CoinMarketCap provides excellent information on all types of cryptocurrencies and has a &#8220;Market&#8221; section for every listing.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14d3f4c elementor-widget elementor-widget-image\" data-id=\"14d3f4c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"595\" src=\"https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinmarketcap-1024x595.jpg\" class=\"attachment-large size-large wp-image-2311\" alt=\"coinmarketcap\" loading=\"lazy\" srcset=\"https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinmarketcap-1024x595.jpg 1024w, https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinmarketcap-300x174.jpg 300w, https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinmarketcap-768x447.jpg 768w, https:\/\/veritasblockchain.ca\/wp-content\/uploads\/2021\/07\/coinmarketcap.jpg 1455w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">CoinMarketCap<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchanges are online platforms or applications that let you buy Bitcoin and other types of cryptocurrencies. However, with hundreds of exchanges, how do you know which one to buy from? Multiple types of exchanges exist, but the most common are fiat-to-crypto and crypto-to-crypto exchanges. Fiat-to-crypto exchanges are centralized: they are controlled and managed by &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/veritasblockchain.ca\/learn\/cryptocurrency-exchanges\/\"> <span class=\"screen-reader-text\">Types of Cryptocurrency Exchanges<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":2283,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Types of Cryptocurrency Exchanges - Veritas Blockchain Consulting<\/title>\n<meta name=\"description\" content=\"There are two types of cryptocurrency exchanges to buy bitcoin and other cryptocurrencies: fiat-to-crypto and crypto-crypto exchanges.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/veritasblockchain.ca\/learn\/cryptocurrency-exchanges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Types of Cryptocurrency Exchanges - 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