Crypto exchange’s influence on the liquidity
The exchange is a market where assets are freely traded between the buyer and the seller. Higher number of cryptocurrency exchanges shows that the market activities (and transactions) are bigger as there are many ways to help the individuals to own their cryptocurrency. The acceleration on performance and trading volume helps increase the market liquidity. Now, there are more than 200 cryptocurrency exchanges, 21 decentralized exchanges and several existing peer-to-peer (P2P) exchanges. There are other exchanges that have been working and are going to launch in the near future.
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