cryptocurrency exchange


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cryptocurrency exchange

An online provider that converts a country's currency (dollars, Euros, pounds, etc.) to cryptocurrency (Bitcoin, Ethereum, etc.). Like any money exchange, a fee is taken. Bitbuy.ca, Coinbase, Kraken, Cex.io and ShapeShift are examples.

For people using cryptocurrencies as an investment rather than to obtain merchandise, any exchange can be used. However, some exchanges offer trading transactions like the stock market such as limit orders. Other platforms allow sellers to set their own exchange rate. See cryptocurrency.
References in periodicals archive ?
In September, the agency published guidelines for new applicants wanting to set up cryptocurrency exchanges in the country. 
The cryptocurrency exchange announced it will take additional measures to ensure anti-money laundering compliance with the country's laws.
The account can be accessed on the cryptocurrency exchange platform providing the user with seamless transactions and EUR under their full control in mere seconds, after withdrawing from their Globitex trading account, which is unrivalled functionality on the market.
NXMH is a subsidiary of South Korea's NXC Corporation, which is also the parent company of video game company Nexon, as well as Korbit, a South Korean cryptocurrency exchange. Pantera Capital Management LP, which made a $10 million investment in NXMH in 2014, also sold part of its stake in the Bitstamp acquisition.
UPbit, Korea's top cryptocurrency exchange, was raided and is now being investigated by police, leading to panic selling that eventually affected the global market.
Evonax is a Scandinavian-based cryptocurrency exchange service provider that has been providing services to convert cryptocurrencies to other cryptocurrencies such as Bitcoin, Bitcoin Cash, Bitcoin Gold, Dash, Dogecoin, Litecoin, and now the Monero.
Forbes CryptoMarkets' team includes data scientists and programmers who would leverage quantitative data sources from cryptocurrency exchanges and blockchain data sources, to clarify and present real-time view of the cryptocurrency and blockchain ecosystem.
In a question about details of which methodologies the FSS is considering applying to the domestic cryptocurrency exchanges, Yoon declined to elaborate, only saying, "There are a lot of issues that need to be addressed and reviewed.
InventCrypto's incubator projects will be able to leverage Xsolus' services, tools, and technologies including the Coin Of The Realm (COTR) - an open source blockchain, Bull Bear Exchange (BULLBEAREX) - a decentralized cryptocurrency exchange, and access to funding through Xsolus' soon-to-be announced crowdfunding platform.
Summary: This makes Belfrics Group the first ever exchange in the Middle East to obtain a central bank issued license to run a cryptocurrency exchange.
M2 EQUITYBITES-February 22, 2019-Globitex cryptocurrency exchange launches EURO Wallet
BANKING AND CREDIT NEWS-December 3, 2018-LFG Global joins Singapore-based cryptocurrency exchange KuCoin