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What is a bitcoin exchange?

A Bitcoin exchange is a digital platform that allows individuals to buy and sell, as well as trade Bitcoin (BTC), the most popular crypto asset in the world.

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.

How do bitcoin exchanges work?

The exchanges match these orders, executing trades and updating users' account balances accordingly. It is essential to understand the different types of Bitcoin exchanges and their pros and cons before selecting the right exchange for your needs.

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