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A Bitcoin exchange is a digital marketplace where users can buy, sell, or trade Bitcoin using fiat or other cryptocurrencies. These exchanges may be centralized or decentralized, offering features like spot trading, margin trading, and fiat on-ramps. They ensure wallet integration, real-time pricing, and secure transactions. Leading Bitcoin exchanges include Binance, Coinbase, and Kraken. Users must register, complete KYC, and fund accounts to begin trading. Security features such as two-factor authentication and cold storage are crucial for safe trading on these platforms.

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