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RE: Crypto Academy Season 3 | Advanced course - Task 1: Non-custodial P2P Marketplace(Localcryptos)

in SteemitCryptoAcademy • 3 years ago

Hello prof,
Can you please explain what exactly we have to answer in task 1?

How do you set up an Exchange niche(non-custodial) in Localcryptos?

As far as I understand we have to set up our account for trading, am I right?

3 years ago in SteemitCryptoAcademy by
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     3 years ago 

    Yes.

    Exchange niche means a user becomes an Exchanger, precisely a Market maker.

    Think like, Localcryptos an umbrella of an Exchange facility where the individual becomes an Exchanger by adding liquidity(Market Maker) and that's how the economy thrives.

    Now to set up an exchange niche, the very basic thing is to set up your account, backing up your keys, etc.

    Thank you.

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       3 years ago 

      Thanks for the clarification.

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