Simply put, a digital currency exchange refers to a platform for matching transactions between digital currencies, digital currencies and fiat currencies, and is the main place for the circulation and price determination of encrypted digital currency transactions.
Compared with traditional stock exchanges, digital currency exchanges also play the roles of market makers and investment banks in addition to matching transactions. The role of the market maker of the exchange can increase the liquidity of the market, and the exchange earns the trading spread from it. The investment bank role of the exchange provides services such as issuance and underwriting for digital currencies, and the exchange collects listing fees from it, or collects deposits in the form of exchange community votes. UPUPEX is a global digital asset international station, established in March 2020, adhering to the concept of users first, and is committed to providing global users with safe, convenient, professional and high-quality digital asset financial services.