What are digital markets and how do they differ from traditional markets?

Digital markets are online platforms where cryptocurrencies and digital assets are bought and sold 24/7, unlike traditional stock markets that operate during set hours. Key differences: crypto markets never close (trading happens weekends and holidays), they're highly volatile with prices swinging dramatically, and they operate globally without central authority. Traditional markets are regulated by governments and have circuit breakers that halt trading during extreme price swings. Digital markets offer lower trading fees, faster settlements (often instant), and fractional ownership of assets. However, crypto markets are less regulated, have higher price volatility (Bitcoin can move 10% in hours), and lack investor protections common in traditional finance. Digital markets also enable 24/7 trading accessibility from anywhere, contrasting with traditional markets' limited hours and geographic restrictions.

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