0

Are cryptocurrency exchanges uses off chain transactions?And if yes when does they used?

1

1 Answer 1

0

Yes.

Whenever one of their customers sends money from that customer's account to the account of another of the customers of the same exchange.

Whenever a customer with an account deposits or withdraws money in another currency.

2
  • This happen via payment channels.Am i right?
    – juhasa
    Sep 26, 2023 at 9:20
  • Not via "payment channels" in the normal sense. Just numbers in proprietary records that are nothing to do with the Bitcoin network or blockchain. Sep 26, 2023 at 10:05

Not the answer you're looking for? Browse other questions tagged or ask your own question.