Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren't printed, like dollars or euros – they're produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
This page will show you different Bitcoin trading platforms you can use.
The availability of each exchange will differ based on your citizenship.
It's the first example of a growing category of money known as cryptocurrency. We have listed the exchanges below from highest to lowest daily volume based on 2017 data.
Here's what's funny:
Poloniex has the largest Bitcoin trading volume, but its markets are not even denominated in USD or any other major currency.
Its DASH and Ether markets make up about 20% of Bitcoin's daily trading volume.
Despite a hack in which users lost 33% of their funds on the exchange, Bitfinex remains a popular option.
Its liquidity is only topped by Poloniex, which makes Bitfinex the largest Bitcoin exchange in terms of USD trading volume.
GDAX holds about a 4% share of total BTC trading volume. 80% of its share comes from its BTC/USD exchange, with the rest coming via its ETH/BTC exchange.
Gemini accounts for just about 1% of total Bitcoin trading volume. It's still rather new, so with time it may gain market share.
It has some very unique features, like instant-Bitcoin and instant-wire deposits.
Between its EUR/BTC and USD/BTC markets, Kraken has about a 7% share of the total Bitcoin trading market.
About 50% of Kraken's market share comes from its EUR/BTC exchange, 30% from its Ether/BTC exchange, and the last 20% from its USD/BTC exchange.
Bitstamp's BTC/USD exchange accounts for about 2.5% of global Bitcoin trading volume. I
ts BTC/EUR exchange tacks on anohter 0.5% of global volume, giving Bitstamp a ~3% share of global Bitcoin trading volume.