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What The First Crypto Exchange Looked Like
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What The First Crypto Exchange Looked Like
KEY TAKEAWAYS The first crypto exchange was launched in 2010 as BitcoinMarket.com. It had no charts, automation, or real-time price feeds. Payments relied on PayPal, checks, and other risky methods. Trading volume was extremely low, often only a few dollars per day. No regulation, KYC, or consumer protections existed. Security was minimal, making early exchanges vulnerable. It established the first standardized Bitcoin price: $0.003. When p…
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