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


1 Answer 1



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.

  • 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

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