How to buy a Bitcoin on an exchange
Cryptocurrency has become one of the hottest topics in the cryptocurrency community.
At least one Bitcoin exchange is planning to offer its clients access to a cryptocurrency trading platform that will let them buy and sell cryptocurrency using fiat currency.
Cryptocurrency, which is a decentralized digital currency, has gained in popularity in recent months as it is increasingly used as a payment option for consumers and business owners alike.
It is also a way to diversify and save on costs in times of economic stress.
Bitcoin has a relatively small market capitalization and has lost a lot of value over the past few months as a result of a number of factors, including a dip in the price of Bitcoin in the past two weeks.
The digital currency has been trading below $2,200 per coin in recent days, but has surged above $2.5, reaching an all-time high last week.
A bitcoin exchange called Bithumb announced it would allow its clients to trade digital currencies on its platform.
The company’s executive chairman, David Karp, said in a statement that he plans to start accepting bitcoin as a means of payment on January 1, 2017.
Karp, who has previously said the exchange would begin accepting fiat currency, said that his company is in the process of building out its infrastructure to allow the trading of cryptocurrency on the exchange.
“We want to make sure that we are on the leading edge of crypto-currency,” Karp said in the statement.
“The demand for crypto-currencies is enormous.
Our goal is to help people start trading in crypto-currencies in a convenient and secure way.”
While Bithumbs plans to launch its bitcoin exchange as a virtual currency, it said it is open to other digital currencies.
“We have plans to offer bitcoin as well,” Karrp said.
“It is not a requirement to be able to trade crypto-cryptos.”
For the time being, Bithumbs bitcoin trading platform will only accept fiat currency for trading.
The platform is also expected to have an API for cryptocurrency trading.
Karrp and his team said the goal of the platform is to provide a way for its users to trade fiat currencies, which include the U.S. dollar, the euro and the Japanese yen.
The exchange also plans to provide an API that allows users to buy and offer bitcoin to customers who can then convert them to the currency of their choice.
“As we continue to scale our business, we will be making our Bitcoin exchange available to the public for anyone to use, regardless of their bank account,” Karcp said in his statement.
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