How Does a Bitcoin Currency Exchange Work?

Posted By | 03 October, 2023

Exchanging bitcoin for other currencies is similar to exchanging between any asset or fiat currency. There are many platforms online available to support this process.

▶ Learn — How Bitcoin Exchanges Work.

Some of the topics covered include:

• What is a Bitcoin Exchange?

• How do Centralized, De-Centralized and Peer-to-Peer Exchanges work?

• What is a Banked Exchange?

• What are Makers and Takers?

• How do the Exchanges make money?

• Why is ID verification required?

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