Question: How is a cryptocurrency exchange different from a cryptocurrency wallet? There is no difference since all wallets are hosted on exchanges. Exchanges are only used
How is a cryptocurrency exchange different from a cryptocurrency wallet?
There is no difference since all wallets are hosted on exchanges.
Exchanges are only used to make transactions, not to store cryptocurrency.
Exchanges are offline whereas wallets are always connected to the internet.
An exchange controls your keys but you control your cryptocurrency.
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