What is the reason why Crypto Exchanges Important

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If you're looking to buy a cryptocurrency, you can do so directly by trading with a seller on what is known as peer-to-peer (P2P) exchange. However, there are some disadvantages associated with this strategy because you won't know the origin of the currency you're buying, and you'll likely be faced with pricing, liquidity and speed issues.

On their own, however, offer greater security and make sure that transactions are quicker and more efficient to complete.