What is the difference between a crypto exchange and a crypto platform?

The main difference between a crypto exchange and a crypto platform is that an exchange is specifically focused on trading cryptocurrencies, while a crypto platform may offer a wider range of services related to cryptocurrencies. Another difference is that crypto exchanges are typically centralized, meaning that they are operated by a single company. Crypto platforms, on the other hand, may be centralized or decentralized.

Crypto exchanges facilitate direct trading between users, while crypto platforms offer a wider range of services, including trading, custody, and lending.

Crypto exchanges are more complex to use than crypto platforms.

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