Definition ∞ A crypto brokerage is a financial service provider that facilitates the buying and selling of cryptocurrencies for its clients. These platforms act as intermediaries, executing trades on behalf of users and often providing custody services for digital assets. Crypto brokerages typically offer access to a variety of digital currencies and trading pairs.
Context ∞ The crypto brokerage sector is experiencing rapid expansion, with increasing institutional and retail participation. News frequently covers new brokerage launches, regulatory approvals, and service expansions, including offerings for digital asset derivatives. The evolution of these platforms is crucial for mainstream access to the cryptocurrency market.
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