Ryan Lawrence
Wilson explains how to buy Bitcoin and where the money goes. Theoretically, you weiterlesen sign up for an exchange and send them your currency. The exchange has some liquidity, so if someone makes a withdrawal, they have the cash to do so. An exchange functions similar to a currency exchange kiosk at an airport that will sell you British pounds for too expensive and buy them for too cheap. Therefore, exchanges like Coinbase Pro are doing a billion dollars in Bitcoin volume daily. If you are going to be a heavy trader, you want to chase the most significant liquidity. Bitcoin moves through exchanges because of scarcity. Securitized Debt PGIM appreciates your trust and respects your privacy. We use cookies to improve your experience. You can manage your cookie settings and learn more about how we protect your information at the PGIM Privacy Center .
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