cryptoexchange.jpgCryptocurrency exchanges are websites where you can exchange one form of cryptocurrency for another. You can send your cryptocurrency to a “hot wallet” on the exchange in order to trade one crypto for another. It is recommended strongly that once you make the trade, you move your new currency into a hardware, computer or mobile wallet. This will ensure that if the exchange gets hacked, your crypto will be safe on your own system.



Cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.[1] Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.