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What is a .exchange domain and why use it?

.exchange is a domain name extension primarily used by websites and platforms involved in trades, swaps, and various markets. It is commonly employed by financial institutions, cryptocurrency platforms, barter networks, and marketplaces that facilitate the exchange of goods, services, or currencies. The .exchange extension provides a clear and relevant namespace for businesses and organizations in these sectors, enhancing their online presence and credibility. A typical use case includes cryptocurrency exchanges like Binance or Coinbase, stock trading platforms, or even swap meet websites where users can exchange items directly with one another. Overall, .exchange helps establish a trusted and recognizable identity for entities engaged in exchange-related activities.