Cryptocurrencies are well-known around the globe. These virtual currencies allow transactions to take place without any middlemen on the blockchain network. Where does one buy and sell crypto? For this purpose, we have something called the cryptocurrency exchange. Much like a stock exchange that connects traders, a crypto exchange also links buyers and sellers. Things to know about a crypto exchange: Security is a priority on a cryptocurrency exchange. With the number of transactions that take place on the platform, it is important that an exchange performs seamlessly without any glitches. Most cryptocurrency exchanges allow users to trade cryptocurrencies for other digital assets. But there are a few that also accept fiat currencies. A user needs to have a cryptocurrency wallet that stores the access keys to the crypto funds. With the wallet, a user can go ahead and exchange their crypto for other coins. Transactio