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Cryptocurrency broker and exchange, how are they different?

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When you say broker, they are an individual or a firm that acts as an intermediary between the cryptocurrency markets to facilitate buying and selling of cryptocurrencies. While an exchange is a platform that you can directly use to buy and sell crypto.


I still prefer using exchanges instead of getting a broker to handle my crypto transactions. I prefer managing my own finances instead of trusting someone else in doing it for me.

But for those who prefers to get brokers, make sure that they are from a trusted firm/group since it is money we are talking about and most crypto scams starts with a broker promising to give you 10x your money.

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