Quote:
Originally Posted by crockett
Ok so I can put money in an exchange just like a stock broker and buy/sell at will, like a day trader? So rather than buy the coin at set price wait 3 to 5 days, instead deposit with the broker and buy/sell at will? Does the exchange hold the coins in that case or just your green backs?
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If I'm correct then you put money into the exchange site/system. And from there you can buy/sell directly to other users. The site has its fee, 0.2% or so.