A Cryptocurrency Exchange is a service/business which allows users to trade cryptocurrencies for other assets. Such Service/business can be a brick-and-mortar business or a strictly online business. Brick-and-mortar business exchanges traditional payment methods and an online business exchanges electronically transferred money.

1. Cryptocurrency
Exchange using
Online Medium
NATHANIEL FITZGERALD / ELEANOR MILLER
PROJECT OFFICERS
Presented By :
Evonax

2. 01
CRYPTOCURRENCY
EXCHANGE:
A Cryptocurrency Exchange is a
service/business which allows users to trade
cryptocurrencies for other assets. Such
Service/business can be a brick-and-mortar
business or a strictly online business. Brick-
and-mortar business exchanges traditional
payment methods and an online business
exchanges electronically transferred money.

3. 02
FEATURES
Online cryptocurrencies exchange Companies does
not have any hidden miner charges for their currency
exchanges. Hence, user can view the final amount
which they expect to get after the exchange. Some of
other platforms do charge for trading, buying and on
exchange of cryptocurrencies. Charges depend on
how the platform if performing some has high
charges and some has low and some has zero charges.
Zero Fees:
Zero Registration:
Some platforms skip the registration part and
whereas on other platforms you need to compulsory
fill the personal and other information for
registration. Some of the platforms make it simpler
and faster without any long registration form for their
currency exchanged.

4. 03
Complete Anonymity:
In many online platforms of cryptocurrency users
doesn’t need to share their personal information.
Hence, user can fill the spirit of privacy over using
the platform. In case user wants to receive email
notification they can contact support centre.
Instant Transfer:
Users need not wait longer to complete the
transaction. They can expect the exchanged currency
within 7-30 min which usually depends on the
chosen currency. User can also Conduct 24x7 instant
currency exchanges.

5. 04
HOW DOES CRYPTOCURRENCY
PLATFORMS WORK?
Step 1: Chose the currency
Step 3: Receive
Exchanged currency
Once money is wired
transferred and
transaction is
confirmed, Companies
do transfer the
exchanged amount to
the wallet which was
provided in step no 2.
User need to select which coins
they would like to exchange. They
also need to provide the amount
they want to exchange and the
address of the destination
walletwhich they would like to
transfer their exchanged coins. User
have an option to subscribe the
notification email. Finally, they can
confirm the submit the form to
initiate the exchange.
Step 2: Transfer
Companies will generate unique
wallet alias for your exchange. Users
are requested to transfer the
amount to that address.

6. 05
CRYPTOCURRENCY
EXCHANGE
PLATFORMS: THE TYPES
Trading platforms are the traditional
marketplaces where that connect potential
buyers to multiple sellers. Buyers and sellers are
only supposed to interact with the platforms.
There are list of companies providing such
trading platforms where they charge a definite
fee for every transaction.
Trading Platforms
Direct Trading
Direct trading ensures that instead of
communicating using online platform, buyers
and sellers can carry trading directly with each
other. Such kind of trading is also referred as
peer to peer trading.
Such trading doesn’t have any fixed market
prices;the final price always depends on the
agreement where seller confirms the genuine
exchange rates.

7. 06
CHECKLIST WHILE OPTING
FOR THE BEST
CRYPTOCURRENCY
EXCHANGE
User must always go through the ratings or
reviews posted by crypto individual before
finalizing the cryptocurrency online exchange
company. Based on their analysis user should
select best exchange platforms in the market
which has worldwide crypto users.
Reputation:
Payment Methods:
Dealing with online platform, user must ensure
the various payment methods available
on Cryptocurrency Exchange Platform.Websites
must support credit card, debit card, wire
transfer etc.
User must always make sure that they have
maximum number of payment methods
available in the chosen exchange platform.

8. 07
Cryptocurrency exchange platform should be
accessible from particular geographic region or
country. Some countries have also banned the
cryptocurrency so they might also not support
cryptocurrency exchange platforms operated in
their geography.
Geographical Boundaries:
Verification Requirements:
Users should be aware of verification
requirements in advance. In countries like US or
the UK, Cryptocurrency exchange generally
demand verification namely by ID, either to buy
or sell cryptocurrencies. User need to submit
identify proof to assure the person is genuine.