Are you new to the Bitcoin world or not sure what a Bitcoin trader is? Maybe you are not new to the world of Bitcoin, but just don’t know much about how a trader can help you. This article will discuss what a trader does and how having a trader can benefit you as a Bitcoin owner.
A trader is an entity that plays the role of a bank in the Bitcoin world. A trader will invest in a large amount of Bitcoin, and then sell it to people who want to buy-in to Bitcoin, but at a much smaller amount than an investor would purchase. Traders also allow Bitcoin currency to be exchanged for other currencies.
Bitcoin traders make their money by buying and selling Bitcoin. Just as any other entity in the financial world makes money from fees, the world of Bitcoin is no different. This means that a trade fee is normal, and a person buying or selling their Bitcoin, should expect to see a fee.
Traders will allow you to purchase Bitcoin, as well as sell Bitcoin. Continue reading “What is a Bitcoin Trader?”