I'm not familiar to the world of trading (even the traditional ones). Can someone explain how a crypto exchange (like Binance or Kraken) benefits a cryptocurrency?
Cryptocurrency exchange becomes the way to exchange the tokens wether it is connected in ERC20 token, NEP token or other smart contract platforms. The exchanges become also the portal of the trader who wants to earn in cryptocurrency. Cryptocurrency exchange is good as stock exchange because there are no limits in crypto and it does not required a lot of money though it is advantage in trading.