A crypto exchange acts as a bridge between the world of traditional finance and the decentralized world of digital currencies. By offering a platform for users to trade cryptocurrencies like Bitcoin, Litecoin, and others, these exchanges have become essential in the broader cryptocurrency ecosystem. They provide various features such as spot trading, margin trading, and futures contracts, enabling traders to profit from market fluctuations. The security and user experience of a crypto exchange are critical factors when choosing where to conduct your transactions, as these platforms handle large volumes of funds and sensitive data daily.