Are you new to crypto trading?
Here are some terms you should know to get the best out of the CrossTower crypto exchange.
A coin is a unit of cryptocurrency. It is distinct from other cryptocurrencies and serves as a medium of exchange for cryptocurrency transactions.
Cryptography is a method of encrypting and decrypting information to secure financial transactions between two parties to prevent third parties from reading information. Cryptography allows cryptocurrency transactions to be anonymous and secure. You don’t need to know anything about the other party to conduct safe transactions with them. No third party, such as a bank, government or credit card company, is required.
A cryptocurrency exchange is a platform that enables traders to conduct transactions in the digital asset of their choice. It provides a convenient way to buy and sell crypto and allows users to convert one digital currency into another. The quality of a cryptocurrency exchange is defined by its accessibility, security, fees, choice of coins and educational tools.
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