noun | krip·toh·kur·uhn·see iks·cheynj
A cryptocurrency exchange is like a seedy back-alley marketplace, except instead of counterfeit handbags and bootleg DVDs, it's where you go to buy and sell fake internet money. It's a place where degenerate gamblers and wannabe Wolf of Wall Street types congregate to engage in high-stakes trading and shitposting.
Example
"Cryptocurrency exchanges are like the Wild West of finance - there's no law, no order, and the only thing that matters is how fast you can click the 'BUY' button when Elon Musk tweets about Dogecoin."
"I lost my entire life savings on a cryptocurrency exchange when I accidentally fat-fingered an order and bought 10,000 units of some random shitcoin called 'CumRocket.' On the bright side, I'm now the proud owner of 10,000 virtual dildos. So, uh... anyone wanna trade?"