After the bankruptcy, in November 2022, of the centralized cryptocurrency exchange platform FTX, it was an earthquake that shook the crypto planet.
A doubt has arisen as to the reliability of these structures which can collapse like a house of cards and leave hundreds of thousands of investors on the floor.
Before depositing your money on the platform (“
exchange
” in English) of your choice, it is better to follow certain rules.
Be aware that there is no Euronext for cryptos.
No market place centralizes, at the level of a country or at the global level, all the transactions related to such or such cryptocurrency.
Each platform plays both the role of a bank and a market place: it has its own order book and it is all of these buy or sell orders placed by its customers that cause the price to change. cryptocurrencies.
Read the fileBankruptcy of the FTX platform: story, analyzes and consequences on the world of cryptocurrencies
The selected exchange must therefore be both technically efficient, capable of quickly executing…
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