Where to buy and sell Bitcoin

Bitcoin buying and selling transactions can be done on: centralized exchanges (CEX), decentralized exchanges (DEX), over-the-counter (OTC), Bitcoin ATMs, etc.

Bitcoin can be bought and sold in many places, including:

Centralized Exchange (CEX)

CEX Yes The most common place to trade Bitcoin. They are similar to traditional stock exchanges, providing a platform where traders can buy and sell Bitcoin and other cryptocurrencies. CEXs typically offer a variety of trading tools and features, such as leveraged trading and stop-loss orders.

Some common CEX include:

• Binance
• Huobi
• OKX
• matcha

Decentralized Exchange (DEX)

DEX is a peer-to-peer trading platform without an intermediary. Traders trade directly with each other without trusting any third party. DEXs typically offer lower fees and greater security, but may not be as liquid as CEXs.

Some common DEX include:

• Uniswap
• PancakeSwap
• SushiSwap

Over-the-counter (OTC) )

OTC trading means traders trade directly with each other without going through an exchange platform. OTC transactions are usually used for large transactions and can provide more personalized services.

Some common OTC platforms include:

• LocalBitcoins
• Paxful

Bitcoin ATM

Bit A coin ATM is a machine that can exchange fiat currency into Bitcoin or Bitcoin into fiat currency. Bitcoin ATMs are often located in public places, such as convenience stores and shopping malls.

When choosing a Bitcoin trading platform, consider the following factors:

• Security: The security and reliability of the platform are primary considerations.
• Liquidity: The liquidity of the platform determines the execution speed and cost of transactions.
• Fees: Handling fees and transaction fees charged by the platform.
• Function: Trading tools and functions provided by the platform.

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