[Wise Crypto Life] 01. Exchange
Coinbase Lists on NASDAQ (What Is An Exchange?)
Step 1. What is an exchange?
Just as stock markets are used to buy and sell stocks, ‘exchanges’ are used to trade cryptocurrency. In Korea, Bithumb and UPbit are considered major exchanges due to their high volume of transactions and high number of users. Additionally, about 100 large and small exchanges are in operation, but the Act on Reporting and Using Specified Financial Transaction Information was announced last month to terminate any small exchange that does not meet the requirements in the future.