What is a foreign currency exchange service?
Could you elaborate on what constitutes a foreign currency exchange service? I'm curious to know if it simply involves the conversion of one currency to another, or if it also encompasses a broader range of financial transactions. Are these services typically offered by banks, online platforms, or both? Additionally, are there any specific regulations or licenses required to operate such a service? And finally, how has the rise of cryptocurrencies impacted the foreign currency exchange market?
Is changenow a good crypto exchange service?
Could you please elaborate on whether Changenow stands out as a reliable and efficient crypto exchange service? I'm interested in understanding its features, transaction speeds, security measures, and any associated fees. Also, how does it compare to other crypto exchanges in terms of user experience and trustworthiness? Would you recommend Changenow for both beginners and experienced crypto investors?