How Does a Bitcoin Currency Exchange Work?
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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