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Trying to figure out where to buy or sell Bitcoin?Where to trade Bitcoin?Which Bitcoin exchange to use?What the best Bitcoin exchange is?
There are many bitcoin exchanges available on the web. These allow customers to convert physical money into Bitcoins and vice versa. Increasingly, they are offering a greater number of services, including a wide range of both fiat and cryptocurrencies, and various trading tools.
Here are some ways you can choose from the list provided below.
|Btc Markets||It Bit|
How quickly can you buy and sell? On exchanges the verification process can take a few days but transactions can be very quick. With brokers or marketplaces the initial sign up usually is fast but completing a trade can take a couple of hours or even a day or two.
Is the site trustworthy and do they handle your bitcoins in secure way? Don't fall for players that try to stay anonymous and don't publish the name of their company only for a slightly lower fee.
Transaction fees should be as low as possible of course. Typically brokers are more convenient but also a bit more expensive than exchanges. Before a transaction make sure you know which fees you are paying.
Bitcoin prices differ between providers. Before you buy or sell bitcoins make sure to compare prices of different platforms in your country. Different prices are mainly the result of different market liquidity.
When you buy bitcoins usually you have to pay with local currency. If you use marketplaces like LocalBitcoins you can meet the seller in person and pay with cash. When you buy bitcoins online you need to do a bank transfer or pay by some other method. Therefore check first if you have access to one of the offered payment options. Different payment options also have an impact on the fees you need to pay.
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