A Bitcoin exchange is a digital platform where users can buy, sell, and trade Bitcoin with other cryptocurrencies or fiat currencies. These exchanges can be centralized or decentralized and offer features like order matching, wallets, KYC verification, and real-time charts. Bitcoin exchanges act as marketplaces, providing liquidity and access to the world's most recognized cryptocurrency. Security, user interface, and compliance are key factors for success. They serve both retail and institutional investors and are essential infrastructure for the global adoption and trading of Bitcoin.
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