A cryptocurrency exchanges is a digital trading platform that allows a trader to exchange cryptocurrencies and other digital assets with another trader on the same platform. The exchanges rates of the given assets depend entirely on the market value. Crypto exchanges are helpful when you have a crypto wallet that does not allow buying of specific cryptocurrencies.
Now you have understood what a cryptoexchanges is and decided to build one. Before diving directly into the development process, let’s a little more information about Binance and its working structure.