What is a cryptocurrency exchange?

Cryptocurrency exchanges are online platforms used to buy and sell cryptocurrency. These platforms are intermediaries between the buyer and seller, allowing users to trade cryptocurrencies using fiat money or altcoins. Many investors opt to use cryptocurrency exchanges due to their relatively low trading fees.

What is a 5th & least common form of coin?

The fifth and least common form of coin are electrum pieces (ep), worth 5 silver pieces each. Electrum pieces are frustrating to use due to their unusual value. In fact, they’re so frustrating that Strahd, the evil vampire lord of Ravenloft, forces his subjects to use electrum pieces instead of gold specifically to make their lives harder.

What distinguishes different exchanges?

Two major factors that distinguish different exchanges are the fees and the currency pairs they offer.

What are the best cryptocurrency exchange platforms?

Here are some notable crypto exchange platforms: Founded in 2017, Binance offers a list with hundreds of currencies to pick from, with the bonus of having its own wallet. With over 50 cryptocurrencies to trade, Coinbase is one of the largest and most established cryptocurrency exchanges in the United States.