Introduction
Bitcoin-only exchanges are platforms where people can buy or sell bitcoin using fiat currencies or stablecoins.
You can refer to our guide on “How To Buy Bitcoin” for further information on joining an exchange. Still, you usually need to sign up with some basic personal data and transfer fiat or cryptocurrency to the platform to start buying bitcoin.
Learning about Bitcoin is an important step you should follow before investing. So be sure to read our Bitcoin guide to fully understand what you are buying and why it is so important to keep your bitcoin safe.
Why use a Bitcoin-only exchange?
Once people understand Bitcoin, they usually like to keep away from the noise of myriads of cryptocurrencies and focus on Bitcoin only.
Bitcoin-only exchanges exist because they recognize the value of bitcoin as sound money; they support the Bitcoin community and ecosystem with no distraction from inferior coins and the resulting negative implications that may come with them.
Which
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