How does a secondary crypto market work?
Could you please elaborate on how a secondary crypto market functions? I'm curious to understand the mechanics behind it. Specifically, how do buyers and sellers interact in this market? What are the key platforms or exchanges that facilitate these transactions? Additionally, how do prices in the secondary market determine the value of cryptocurrencies? Is there a direct correlation between the two? Lastly, what are some of the risks involved in trading in a secondary crypto market, and how can investors mitigate these risks? Thank you for your insights.