Exchanges can be thought of as the online brokerages of the bitcoin world, used by people and businesses who tend to trade frequently, and need sophisticated purchase and selling mechanisms like "limit" and "stop loss" order types.
For the average person, the simpler options may be preferable, but for the curious, here's a list of the largest and most trusted exchanges.
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Kraken (Global) — Kraken is one of the oldest and most trusted crypto exchanges, known for both their great user experience, and customer support.
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Binance (Global) — Binance is the world's largest cryptocurrency exchange, by a long shot!
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Binance US (USA) — Binance US is the American arm of the global Binance organization. This exchange allows US citizens to be customers.
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Nexo (Global) — Nexo allows its customers to buy, sell, earn interest on bitcoin, and use bitcoin as collateral for US dollar loans. They also offer a debit/credit card, which you top up using crypto.
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Crypto.com (Global) — Crypto.com, for iOS and Android, allows its customers to buy and sell bitcoin using bank transfer and credit card, earn interest on deposited bitcoin, spend bitcoin via a debit card anywhere Visa is accepted, and use bitcoin as collateral for a US dollar loan. If you use my referral code gpd9q473d2 you'll receive $50 on your first transaction.
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- 1Learn more about BitcoinEducational resources to get you beyond the basics.
- 2Buying, selling & walletsOptions for buying, selling and holding bitcoin.
- 3Earning interest with bitcoinBusinesses who pay interest on deposited bitcoin, just like a traditional savings account.
- 4Get a loan with BitcoinBusinesses who allow you to get US dollar loans, using bitcoin as collateral.
- 5Bitcoin debit & credit cardsBusinesses who allow you to spend your bitcoin anywhere Visa or Mastercard is accepted, using a debit or credit card.
- 6Bitcoin exchangesA list of marketplaces where bitcoin is bought and sold by traders.