Getting into cryptocurrency trading for the first time can feel like drinking from a fire hose. There is an excessive amount of information you need to understand before making your first trade and not enough resources provide clear content that is easy to understand.
Most investors in the traditional financial market don’t directly deal with exchanges. Exchanges are typically a degree of separation away from investors. Instead, many investors will manage their assets through brokers, fund managers, and other financial products.
Although these traditional financial services make it easier for investors to manage their investments, that means most investors have never placed a trade directly with an exchange. The average person would therefore not have a deep understanding of how exchanges operate.
In the cryptocurrency space, the vast majority of investors trade their funds directly on an exchange. Each investor tends to have one or more accounts open with various cryptocurrency exchanges.
