A cryptocurrency exchange is also called digital currency exchange. Some people call it a Bitcoin exchange because this was the pioneer virtual currency. For instance, Bitcoin Digital is a crypto exchange where you can trade this virtual currency. xTypes of Crypto ExchangesA Bitcoin exchange allows you to exchange a digital currency for fiat money or any other cryptocurrency and vice versa. In simple terms, it compares to currency exchange at an airport, bank, or stock exchange.

Source: The Guardian July 04, 2021 10:30 UTC