How many cryptocurrency exchanges are there in the world?

In the ever-evolving landscape of digital finance, one question that often arises is the sheer number of cryptocurrency exchanges operating globally. With the proliferation of blockchain technology and the surge in digital currencies, the market has witnessed a remarkable growth in the number of platforms that facilitate the buying, selling, and trading of these digital assets. But just how many cryptocurrency exchanges are there in the world? The answer is not as straightforward as it may seem, given the dynamic nature of the industry and the frequent emergence of new players. Nevertheless, estimates suggest that there are hundreds, if not thousands, of exchanges scattered across the globe, each offering varying degrees of services, security, and liquidity. The exact number, however, remains a fluid figure, constantly shifting with the rise and fall of various platforms.