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Topic: Question about exchanges and Blockchain. (Read 593 times)
Grap
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Question about exchanges and Blockchain.
June 02, 2014, 05:09:57 PM
#1
Hello!
I have one simple question that I did not find information about.
When two persons make a trade on an exchange, does Blockchain register this?
Or does blockchain only register when you for example deposit and withdraw bitcoins from the exchanges?
Best regards.
DannyHamilton
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Merit: 4681
Re: Question about exchanges and Blockchain.
June 02, 2014, 05:12:51 PM
#2
Quote from: Grap on June 02, 2014, 05:09:57 PM
Hello!
I have one simple question that I did not find information about.
When two persons make a trade on an exchange, does Blockchain register this?
Generally, no.
Quote from: Grap on June 02, 2014, 05:09:57 PM
Or does blockchain only register when you for example deposit and withdraw bitcoins from the exchanges?
Typically, yes.
Grap
(OP)
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Re: Question about exchanges and Blockchain.
June 02, 2014, 05:25:27 PM
#3
Thank you!
CEG5952
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Merit: 500
Buy and sell bitcoins,
Re: Question about exchanges and Blockchain.
June 02, 2014, 05:45:20 PM
#4
Exchanges are generally centralized entities, so trades carried out on their platforms are generally "offchain" (i.e. not on the blockchain). This may not be the case with decentralized exchanges in the future.
Buy and sell bitcoins, Perfect Money, OKPay etc
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