#1
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.
Unregistered (2 )
#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.
#3
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
Thread: 
Reply With Quote
Subscribe