Bitcoin SMASHES Through $30,000 As Institutional Excitement Returns
The Breakdown
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The Separation of Functionality in Crypto Exchanges
Unlike most crypto exchanges, EDX won't serve individual investors. Instead, it will operate a wholesale order book for other exchanges to route trades through. This model replicates the structure of major stock exchanges like the NASDAQ and New York Stock Exchange. The exchange will offer trading in four cryptos, Bitcoin, Ethereum, Litecoin, and Bitcoin Cash - not having been named as securities by the SEC.
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