A cryptocurrency exchange is a website where investors can buy and sell
cryptocurrencies for other cryptocurrencies or for fiat money such as USD and
EUR. Cryptocurrency exchanges are generating the highest revenues during the
cryptocurrency boom. There are various cryptocurrency exchanges. Some of them are polonyex, binance, bitmex.bittrex, bitstamp. Let's explain how many of them are.
Poloniex
Unlike Bitstamp, and Bitfinex, Poloniex is a cryptocurrency exchange that
does not allow fiat deposits and withdraws. Therefore, customers must purchase
cryptocurrencies from other sellers and then deposit cryptocurrencies on the
exchange before they can begin trading. Poloniex has fees ranging from 0.00% –
0.25% per trade depending on the trader’s volume and the cryptocurrency they are
trading.