It basically means exchanging one coin for another, for example exchanging Bitcoin for USDT or Ethereum for eGold. While essentially the same thing as buying and selling, “trading” often refers to the repetitive buy and sell activities that pursue the increase in a trader’s holdings by speculating frequent price changes.

Due to the very high volatility of cryptocurrencies, trading is considered a high risk activity that carries severe financial risk. Trading activities happen on exchanges.

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