Exchanger

Exchanger

Exchanger in the E-Commerce Law

An exchanger (also sometimes called a virtual currency exchange) is a person/entity engaged as a business in the exchange of virtual currency for real currency, funds, or other forms of virtual currency. Exchangers generally accept a wide range of payments, including cash, wires, credit cards, and other virtual currencies, and can be administrator-affiliated, nonaffiliated, or a third party provider. Exchangers can act as a bourse or as an exchange desk. Individuals typically use exchangers to deposit and withdraw money from virtual currency accounts.

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See Also

• Virtual Currency
• Artificial Currency Unit
• Bitcoin
• International Currency
• Currency Convertible In Fact
• Functional Currency
• Convertible Virtual Currency
• Hard Currency
• Exotic Currency
• Reserve Currency
• Soft Currency
• Fiduciary Currency

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