Elena
Mon Aug 26 2024
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5 answers
1003
Is counterparty the same as broker?
Could you please clarify the distinction between a counterparty and a broker in the context of cryptocurrency and finance? While they may seem similar in some respects, I'm interested in understanding the key differences in their roles and responsibilities. For instance, does a counterparty act as an intermediary between buyers and sellers, while a broker facilitates transactions but does not take on the risk of the trade itself? Or is there a more nuanced distinction that I'm missing? Thank you for your clarification.
