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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Both, but it's generally harder to move USD/EUR into and out of exchanges.
Buy up BTC some other way, deposit it to an exchange, then speculate.
Remember that letting a third party store your BTC means that technically they can walk off with your funds.