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What is a bitcoin exchange?

A Bitcoin exchange is a digital marketplace where traders can buy and sell Bitcoins using different fiat currencies or altcoins. A Bitcoin currency exchange is an online platform that acts as an intermediary between buyers and sellers of the cryptocurrency . The currency ticker used for Bitcoin is either BTC or XBT.

How do I choose a bitcoin exchange?

Perform your own due diligence and choose a wallet where you will keep your bitcoin before selecting an exchange. Visit Buy Bitcoin Worldwide for user reviews on some of the above exchanges, or Cryptoradar for comparisons based on prices, fees and features. Visit Coin ATM Radar to find local Bitcoin ATMs.

What is a crypto exchange?

A crypto exchange is a marketplace where you can buy and sell cryptocurrencies, like bitcoin, Ether or Dogecoin. Cryptocurrency exchanges work a lot like other trading platforms that you may be familiar with. They provide you with accounts where you can create different order types to buy, sell and speculate in the crypto market.

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