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In short, an exchange platform is where one buys and sells the cryptocurrencies. The platform acts as a medium to connect the buyers with the sellers and then makes the trade happen. This is completely peer-to-peer and does not involve third parties. Also, the charges levied for the transaction are unimaginably less.

Having said all these, how does the exchange platform earn? Well, the p2p exchange software charges a minimum amount from the traders for the exchange. Also, it gets interested from the amount that the users store on the platform.
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