Sell and buy bitcoins
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More than a decade into its existence, Bitcoin doesn't seem to be going away. The cryptocurrency has attracted good and bad headlines as it's worked its way through multiple peaks over the years, and despite a reputation for volatility, it continues to attract new investors with its promise of market-beating returns. How do you buy and sell bitcoin Bitcoin and other cryptocurrency investments are not protected by insurance from the Securities Investor Protection Corp. (SIPC). At regular brokerages, the agency protects against the loss of securities and cash in brokerage accounts containing up to $500,000, with a $250,000 cash limit. Cryptocurrency exchanges such as Coinbase have crime insurance to protect their infrastructure against hacks. But that insurance doesn't protect individual customers from password theft.
How to buy and sell bitcoin
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Investors can buy less than a whole bitcoin. Whether a wallet is 1 bitcoin, 15 bitcoins, or 0.01 bitcoin, investors are equally exposed to the cryptocurrency's ups and downs. Coinbase requires a minimum investment of 1 of your local currency, such as $1 or €1. Automate your investing strategy We’ll convert the crypto amount into USD, or to the seller's currency, at no additional fee.1
Buying and selling bitcoin
Select your coin and currency to compare crypto prices from the most trusted crypto exchanges. What is the Best Time to Buy Bitcoins? Otherwise, you can offer goods and services for bitcoin yourself. But don't forget to check with legal authorities how you can do so according to the law.