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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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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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