One way to trade Bitcoin is to find a reputable exchange and set up an account there. Many exchanges have suffered hacks, so it is important for traders to conduct thorough due diligence before using one of these marketplaces.
For some exchanges, setting up an account requires going through a verification process.
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Cryptocurrencies are digital, decentralized currencies that were created to work as a medium of exchange. The cryptocurrency market offers traders a new way of investing; free from intermediaries such as governments or rating agencies. Hence, price movements on cryptos is driven by a multitude of factors such as market demand and relative news.