What is the difference between an exchange and a cryptocurrency exchanger?

[Lemin]

Hello everyone, I want to start a cryptocurrency exchange. Can anyone tell me the difference between an exchange and a cryptocurrency exchanger?

[Eweran]

Hello, for a client there are several fundamental differences between an exchange and an exchanger. The exchange, as a rule, is created for active trading. For example, it can provide margin trading tools, purchase futures, often holds competitions for traders, etc. The fact is that exchanges receive the main profit through active trading, and therefore push clients towards it. At the same time, exchangers in most cases have limited functionality. In fact, you can only buy and sell crypto there, which makes trading easier for beginners and reduces the risk of losses from trading. For simple one-time cryptocurrency transactions, it is better to choose crypto exchangers; for my part, I would recommend the crypto exchanger at https://www.trustchange.com/, which is now perhaps the most reliable and profitable.