#BinanceTurns7 DOGECOIN ANALYSIS | #DOGE Dogecoin stands below 0.10 indicates one of the best buying opportunity. Here Doge gears up for major bull run ascending towards Q4 this year. According to the chart, 2x to 3x is very easy for upcoming weeks / months. 2021 bull cycle made Doge at ATH at 0.72,which is very far from current price but is expected to see new ATH in 2025 including attainable 1.00 price mark.
A cryptocurrency exchange is a platform or marketplace where individuals can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, or Litecoin for other digital currencies or traditional fiat currencies like the US dollar.
Cryptocurrency exchanges facilitate:
1. _Trading_: Buying and selling cryptocurrencies. 2. _Exchange_: Swapping one cryptocurrency for another. 3. _Conversion_: Converting cryptocurrencies to fiat currencies or vice versa.
Types of cryptocurrency exchanges:
1. _Centralized Exchanges_ (CEXs): Traditional exchanges, like Coinbase or Binance, that operate like stock exchanges. 2. _Decentralized Exchanges_ (DEXs): Peer-to-peer platforms, like Uniswap or SushiSwap, that operate on blockchain networks. 3. _Hybrid Exchanges_: Combine elements of CEXs and DEXs.
Cryptocurrency exchanges offer various features, including: