I am new in crypto. I know something about cryto currency and its working. I am curiosity about the working of Crypto exchange like binance,coinbase...etc... My doubts is
Some exchanges provide the swapping facilities like one click swapping from one cryto currency to another(That is without use of trading mechanism of buy order and sell order)...How it is possible ?
Actually the exchanges is hold a large amount of crypto asset for the users to provide one click swapping facilities to the users ....???
I expect a detailed explanation as possible from this community. Thanks