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WELCOME
TO
CRYPTOCURRENCY
EXCHANGE
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WHAT IS CRYPTOCURRENCY EXCHANGE?
All crypto transactions are recorded on the
blockchain, paving way for decentralized value
exchange. A cryptocurrency exchange is a business
that allows users to trade crypto money or
digital currencies for other assets, this can be
fiat money or other digital currencies.  A
cryptocurrency exchange is usually an online-only
business but at times can also be a brick and
mortar one.  The way it works is it sends
cryptocurrency to ones cryptocurrency wallet.
Some even allow its end-users to convert
cryptocurrency balances into anonymous prepaid
cards which can be used to withdraw money from
ATMs worldwide.
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THERE ARE THREE TYPES OF CRYPTOCURRENCY EXCHANGES

• The regular exchange allows traders to exchange
  cryptocurrencies, but there is a transaction fee
  needed.
• Peer-to-peer exchange connects traders without a
  middleman. A seller sets prices, and interested
  buyers respond.
• A cryptocurrency brokerage firm takes care of all
  complicated processes and charges commission for
  investors who dont like to get involved in
  trading.

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HOW PROFITABLE ARE CRYPTOCURRENCY EXCHANGES?
According to estimates, calculated by Bloomberg,
the top ten cryptocurrency exchanges are bringing
in as much as 3 million per day in profit.
Considering that cryptocurrency did not even
exist until 2009, profit at that level is
absolutely astonishing compared to the historical
development of other industries. It is easy
enough to understand how cryptocurrency exchanges
make their money--by charging fees for users who
sell, buy, and withdraw cryptocurrencies.
However, there are a few different important
stats and trends that can help us to understand
why certain exchanges are currently more
profitable than others.
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HOW DO I MAKE A CRYPTOCURRENCY WALLET?
Here we are going to create an Ethereum, ETH
wallet by going to MYETHERWALLET Web Browser.
Besides web browsers cryptocurrency wallets can
also be downloaded through smartphone app stores,
and purchasable hardware devices. If you have
ever signed up for an email address, the whole
process should not be that hard. It takes only a
few minutes to get you set up.
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• First, from your web browser go to
  myetherwallet.com.
• Before moving on confirm you are on the right URL
  site https//www.myetherwallet.com/
• Once you have accessed the site, under the Main
  Menu, go to New Wallet to create a new wallet
• An entry field will ask you for a password

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• Key in a strong password then click on Create
  New Wallet.
• Write down your password and store it safely
  where you can easily retrieve it
• The next step is to download your keystore/json
  file. Just like your password safely store it and
  never share with anyone.
• Your final step will lead you to your private
  key. Save and download your private key. This is
  also vital information to safely keep and never
  share with anyone.
• Now you have successfully created your wallet.

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Now anytime you want to access your wallet you
simply access https//www.myetherwallet.com/.
Click the Send Ether Tokens icon on the Main
Menu. Use your private key to log in and you are
good to go. The above example is not a
recommendation, its for illustration purposes
only. Other secure crypto currency wallets you
may consider include Coinbase, Electrum, Jaxx,
Mycelium, GreenBits, Blockchain, Trezor and
Ledger Nano S. Now that you know hot create a
cryptocurrency wallet. The next step is to secure
it from potential thieves.
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FEATURES  OF CRYPTOCURRENCY EXCHANGE

• If you would like to know what cryptocurrencies
  are all about, you should know the fundamental
  features of them briefly.
• Lets have a look
• Cryptocurrencies are very secure They are
  secured by the cryptography codes. And they are
  locked by using a public cryptographic system.
  Every owner has their own private key. Other than
  the owner, no-one can get access to that private
  key. And cryptography used in creating this
  private key is so strong and the numbers are so
  huge, its almost impossible to break. Thats why
  cryptocurrencies are pretty secure and can be
  used without any fear of security.

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• Transactions in cryptocurrencies are
  irreversible You may say one of the
  disadvantages of them is the irreversibility of
  transactions. When you use cryptocurrency like
  bitcoin, you need to give confirmation before the
  transaction ever occurs. Once you give the
  confirmation, the transaction would be initiated.
  And no-one in the world would be able to stop
  that transaction, yes not even the Satoshi
  Nakamoto himself (or themselves). So, to deal
  with the transactions in cryptocurrencies, you
  need to be much more responsible before you
  confirm a transaction.
• There is no need for permission While using it,
  you dont need to take permission from anybody.
  That means there would be no gatekeepers who will
  stop you from using the currency. All you need to
  do is to install free software and use it. This
  specific feature gives users a lot of freedom and
  they are able to use cryptocurrencies as they
  wish.

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• Super-fast Another great feature of it is that
  they are super-fast. If you initiate a
  transaction, it is immediately caught up in the
  network and it is confirmed just within two
  minutes of time.
• These currencies dont care about the specific
  location Cryptocurrencies dont care at all
  about the owners physical location. You can send
  cryptocurrency to your relative down the street
  or you can send the same to a friend living in
  another part of the world. And the transactions
  would take the same time and would be treated
  similarly.

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• scared to death when they need to share their
  real identities online. In the case of
  cryptocurrencies, you dont need to provide your
  real-world identities. All you need to have an
  address that has around 30 characters. And you
  would be able to access the benefits of them
  easily.

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How Secure Is Cryptocurrency?
Cryptocurrencies are usually built using
blockchain technology. Blockchain describes the
way transactions are recorded into "blocks" and
time stamped. It's a fairly complex, technical
process, but the result is a digital ledger of
cryptocurrency transactions that's hard for
hackers to tamper with. In addition, transactions
require a two-factor authentication process. For
instance, you might be asked to enter a username
and password to start a transaction. Then, you
might have to enter an authentication code that's
sent via text to your personal cell phone. While
securities are in place, that doesn't mean
cryptocurrencies are un-hackable. In fact,
several high-dollar hacks have cost
cryptocurrency startups heavily. Hackers hit Coin
check to the tune of 534 million and Bit Grail
for 195 million in 2018. That made them two of
the biggest cryptocurrency hacks of
2018, according to Investopedia
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THANK YOU
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