CRYPTO SOUK: ENHANCING CENTRALIZED CURRENCY EXCHANGE IN THE MIDDLE EAST
A Cryptocurrency is an encrypted decentralized digital currency designed to work as a medium of exchange wherever it is accepted. It runs on the blockchain technology — A public ledger that of all financial transactions that has ever happened within a network. Cryptocurrency trading involves buying and selling of coins, exchanging fiat currency into cryptocurrency and exchange of one cryptocurrency for another. With a market cap of around half trillion dollars, the cryptocurrency market seems to be growing every day. There is a great influx of people into the market on a daily basis such that most cryptocurrency exchange platforms periodically disable the trading account creation feature to regulate the number of customers. This is a mind-boggling accomplishment, considering the fact that the market is less than a decade old. Despite these tremendous growths, cryptocurrency trading is still plagued by a number of challenges that arise from a variety of reasons. Trading wi...