A Bitcoin exchange is a platform where users can buy, sell, or trade Bitcoin for fiat currencies or other cryptocurrencies. Exchanges can be centralized, offering features like wallets, customer support, and trading tools, or decentralized, allowing peer-to-peer Bitcoin transactions. Key features include secure storage, real-time charts, order books, and various trading pairs. Bitcoin exchanges must prioritize regulatory compliance, transaction security, and liquidity. Popular platforms like Binance and Coinbase support Bitcoin trading globally. Launching a Bitcoin exchange requires robust technology, legal oversight, and liquidity provisioning.
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