Questions tagged [open source exchange]

Chloe_martinez_explorer Wed Jul 17 2024 | 7 answers 1615

Could you elaborate on the key distinctions between a cryptocurrency exchange and an open source exchange? As I understand, both involve the trading of digital assets, but I'm curious about the underlying differences in their operational models, security measures, and community involvement. Specifically, how does the open source nature of an exchange impact its functionality and trustworthiness compared to a traditional cryptocurrency exchange? Is one typically preferred by certain users or investors based on specific needs or preferences? Thank you for clarifying this distinction.