Not! It is important to understand that when you join our platform, you are essentially signing up for online trading service. We act as your broker, offering a comprehensive trading platform that enables you to trade various financial instruments, including cryptocurrencies, through CFD trading. This means you are not purchasing actual assets but contracts tied to underlying assets. Therefore, you don't own the asset but speculate on its future price movements. That's what you will experience when you open an account with us.
A crypto exchange is a platform where users can buy and sell cryptocurrencies with fiat currencies or other cryptocurrencies. It acts as a marketplace for the exchange of digital assets. On a crypto exchange, users buy and own cryptocurrencies and can store them in their wallets or on the exchange.
On the other hand, an online trading service like the one we offer provides CFD trading, in which users speculate on the price movements of underlying assets like cryptocurrencies without actually owning them.