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Exchanges are sites which allow for the conversion of Bitcoins to various world currencies as well as alternate cryptocurrencies.

3 votes
Accepted

How do exchanges provide wallets unique wallets to users but also keep transaction fees low?

Users don't have addresses at exchanges. … When you deposit to the exchange you're depositing to the exchanges wallet, with a unique address just enabling them to account for who to credit the internal balance to. …
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1 vote

Is there a service providing historical data for crypto exchanges?

This is supplied by bitcoincharts. http://api.bitcoincharts.com/v1/csv/
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  • 15.5k
1 vote

Is it true that a cryptocurrency exchange could freeze any account with suspicious bitcoins?

It happens not infrequently, as most exchanges use tools with questionable reliability to reduce their perceived risk. …
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  • 15.5k
5 votes
Accepted

High activity on exchanges vs. low transaction rate on blockchain

They don't, movements on exchanges are internal, not Bitcoin transactions. …
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1 vote
Accepted

Is there a generally agreed on protocol for creating proof of solvency?

Greg Maxwell has described a way in which this is possible using a blind solvency proof, allowing users to verify that their amounts of Bitcoin are being stored by the system without revealing to an o …
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  • 15.5k
3 votes

Are trades done on exchanges added to blocks?

Are trades done on exchanges added to blocks? No. Or are they only added once you withdraw the funds to your own wallet? Yes. …
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1 vote
Accepted

Get blockchain info for exchange transaction

Orders on exchanges are completely internal, there is no corresponding transaction made in the Bitcoin network. … The volume of transactions happening on Bitcoin exchanges far exceeds the total number of Bitcoin network transactions, it's not feasible on many levels for it to work this way, even just from a latency …
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0 votes

How do on-line wallet or bitcoin exchanges usually secure their private keys?

Most large services use a split wallet system where the money is divided into a small "hot" wallet which does day to day activity, and a "cold" wallet which stores the bulk of the money offline and be …
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