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How to buy and sell Bitcoin

How to buy and sell Bitcoin

Explainers Trading

30 Jan 2020

What is Bitcoin (BTC)?

Launched in 2009, Bitcoin was the first cryptocurrency and remains the number one crypto asset, in terms of value. Bitcoin is digital money that runs on the Bitcoin blockchain. Powered by its users, this peer to peer payment network requires no central authority to operate.

Read the Bitcoin whitepaper.

What is Bitcoin's value now?

What gives Bitcoin its value?

Bitcoin has value because it offers a convenient and secure way of holding and transferring digital money. While Bitcoin has some characteristics of a collectible, Bitcoin's value is ultimately derived from the extent to which it is adopted, used and supported by people and businesses.

Buy and sell BTC for fiat currency

On AAX's OTC marketplace, you can buy and sell Bitcoin for fiat currency via bank transfer directly from other users on a peer-to-peer basis. Simply head over to our OTC marketplace and look for the best offer.

Although this is essentially a peer-to-peer exchange, AAX oversees the transaction to ensure both parties stick to their end of the bargain.

Trade BTC against other cryptocurrencies

On AAX, you can trade Bitcoin against 10+ other cryptocurrencies. In addition, you can also trade perpetual futures contracts for a number of crypto assets. All futures trades are settled in Bitcoin.

Trade anytime, on the go

With AAX's mobile app you can stay on the top of your game at any time, on the go. You can download the app on Google Play, as well as the App Store.

Why trade with AAX?

Powered by LSEG Technology's cutting edge matching engine, which is also at the heart of London Stock Exchange, and other traditional financial markets, AAX is a next-generation cryptocurrency exchange.

Integrity comes first
AAX is fully AML/KYC compliant and transparent.

Cutting-edge security
Multi-layered security systems, robust custody, fully audited.

Multi device support
Trade on browser, iOS, and Android app. AAX supports API.

All-in-one account
Trade across OTC, Spot, and Futures, deposit and withdraw, in one seamlessly integrated account.

What can you do once you own BTC?

Store/Hold Bitcoin
Some users hold on to their Bitcoin with the expectation of it increasing in value. You can store your BTC safely on your AAX account, a separate hot wallet or in cold storage.

Trade Bitcoin
You can trade Bitcoin against other cryptocurrencies on AAX, or use it to trade perpetual futures contracts with high leverage.

Send Bitcoin
From your AAX account, you can easily transfer value around the world. You can buy Bitcoin online and send it to anyone and anywhere with a Bitcoin address.

Want to learn more?

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