: This report by the Bank of Canada explains how Centralized Exchanges (CEXs) match buyers and sellers in milliseconds using private ledgers and act as custodians for user assets.
: Found on ResearchGate , this paper identifies that purchase intentions are driven by familiarity, trust, and perceived security. how does buying cryptocurrency work
These papers explore why people decide to buy and the barriers they face. : This report by the Bank of Canada
These papers detail the actual process of how a trade is executed between a buyer and a seller. These papers detail the actual process of how
: Hosted on SSRN , this paper analyzes individual-level portfolio returns and the role of daily and monthly trading frequencies in exchange environments.
Academic and research papers on how buying cryptocurrency works generally focus on three areas: the (blockchain and order books), consumer behavior (intentions and psychology), and market structure (centralized vs. decentralized exchanges). 1. Technical & Structural Mechanisms