Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 3 of 3

    Thread: How do exchanges interact with the Bitcoin Blockchain?

    1. #1 Collapse post
      Juskopo is offline
      Banned Juskopo's Avatar
      Join Date
      Jan 2018
      Posts
      627
      Thanks
      0
      Thanked 19 Times in 8 Posts

      How do exchanges interact with the Bitcoin Blockchain?

      I understand that Exchanges facilitate exchanging cryptocurrencies between fiat currencies and other cryptocurrencies, but how do they relate to the actual blockchain? When a trade occurs on the exchange, is it recorded in the blockchain?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. The Following 2 Users Say Thank You to Juskopo For This Useful Post:

      Unregistered (2 )

    3. #2 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 157 Times in 127 Posts
      SubscribeSubscribe
      2
      Yeah, the exchange site records all your balance in the database of a Bitcoin wallet, otherwise it would take longer to process your transaction.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    4. #3 Collapse post
      kachinna is offline
      Senior Member kachinna's Avatar
      Join Date
      Aug 2019
      Posts
      251
      Thanks
      1
      Thanked 30 Times in 22 Posts
      SubscribeSubscribe
      0
      Everything is centralised. Just as you have the communication systems. It is possible to call anyone around the world, so also is the blockchain system.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •