The market for digital assets such as cryptocurrencies is a market in which they are bought, sold and exchanged.
Each cryptocurrency has a certain use, not only for the purpose of its creation but for the functionality that the market gives it.
The value of cryptocurrencies is largely conditioned by market supply and demand situations, which is why their price fluctuates compared to fiat currencies (USD, EUR, etc.).
It must be clear what is the reason for acquiring cryptocurrencies, either for some use thereof as payment or mediation of smart contracts or as a form of medium or long-term investment, they are also used as a means of value protection against economies with marked inflationary processes.
Take Bitcoin as an example (which is the first cryptocurrency created), in April 2010 the value of each one was $ 0.003 USD but by December 17, 2017 it reached the record price of $ 19,798.00 USD, although it has once its price has decreased, the fluctuations it has in the market generate opportunities to buy in the lows and to sell in the highs.
There is an exchange market between different assets in order to obtain the one required for certain operations or to protect or increase the income invested in them.
The purchase, sale or exchange of digital assets is made between users of a platform.
Let us take as the best known examples of private buying and selling platforms to Mercado Libre, ebay or OLX, where a user offers an item (such as a mobile phone) and if the conditions, payment methods and the price meet the expectations of another user , he buys it.
In our case, the platform is Obsidiam and the item for sale or purchase is a digital asset (cryptocurrency), where a user can make an offer to sell a cryptocurrency that they already have on the platform, with certain conditions and another user the It buys because it meets its requirements, however it is also the case that a buyer creates a purchase offer and it is the seller who takes it because the negotiation is convenient for him.
The form of payment will always be agreed between the parties and is foreign to the platform, however, digital assets are within it and the rules of the game are administered by it.