Post
Topic
Board Bitcoin Discussion
Re: How important are exchanges?
by
Derrickiell
on 12/01/2023, 07:40:47 UTC
Bitcoins can exist without exchanges, but would you support the argument that the existence of exchanges are among the factors facilitating the popularity and accessibility that people have to bitcoins?

Exchanges are very important for all cryptocurrencies. There are a large number of cryptocurrencies in the market, and using an exchange allows for quick and safe exchange of currencies, while also making buying and trading easier. But the exchange also has certain risks, don't trust it completely.