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What Is the Biggest Exchange for Bitcoin?

Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.

NOTE: WARNING: Trading on cryptocurrency exchanges is a risky activity. Before trading on any exchange, please ensure you understand the risks involved and read all the terms and conditions associated with the platform. Be aware that some of the biggest exchanges for bitcoin may not be regulated and may not adhere to anti-money laundering laws. As such, please be aware of the potential for fraud and/or theft when using these services.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

The biggest exchange for Bitcoin is Coinbase, which is also the most popular way to buy and sell Bitcoin. Coinbase allows you to buy and sell Bitcoin, as well as store it in a wallet on their site.

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