Clarifying Crypto Trading: Cryptos Are Usually Traded on Crypto Exchanges, Not Stock Exchanges

I have never encountered cryptocurrencies being directly traded on traditional stock exchanges, so I am skeptical about the idea. My understanding is that stock exchanges primarily handle the trading of stocks and derivatives based on cryptocurrencies, rather than the actual digital currencies themselves. This distinction is important because it highlights that cryptocurrencies are generally traded on specialized crypto exchanges rather than conventional stock markets.