A cryptocurrency exchange is a kind of platform where one digital currency is traded and exchanged for another or for different world currencies, including the most popular ones, such as dollars, euros, rubles and yuan. There are two main ways to create cryptocurrencies: mining — the original way of creation, as well as exchanges secondary.
Cryptocurrency exchanges are a kind of analogue of trading, such as Forex, for example. Each participant, investing real money, has the right to conduct operations directly related to the analysis of rates, receive signals, sell and exchange bitcoins, as well as other popular currencies to the world currencies, yuan, dollars, rubles.
In this case, every beginner miner who wants to try his forces in this earnings can take advantage of the huge pool of cryptocurrency exchanges, where it is possible to start earning quite real money.
You don’t have to be an ace at cryptocurrency exchanges to make a profit. You can make a fortune through speculation, there are plenty of such examples. The key thing that determines the proximity of profit is the rate of change in the rate of cryptocurrencies.
Bitcoin today represents the main and most popular type of cryptocurrency. As soon as it appeared and gained some demand, countless of its derivatives — forks, differing in the meaning of mathematical calculations, appeared. Thus, due to the great variety of such «assets», cryptocurrency exchanges were formed, on the sites of which forks can be placed.