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These organizations demand important, sensitive pieces of information from you. Because bitcoin is entirely decentralized, you need trust no one when using it. When you send a transaction, it is digitally signed, and secure. An unknown miner will verify it, and then the transaction is completed.

As long as the brokerage platform or online trading platform uses high-end encryption, secure payment gateways, and multiple levels of security, online trading is as safe as offline trading.

This honor is thought to belong to bitcoin's shadowy inventor Satoshi Nakamoto, who is estimated to have mined 1 million bitcoins in the currency's early days. His stash is spread across many wallets.

Online trading involves buying and selling of stocks and investing in securities and other financial products through any online trading website, platform, or brokerage firm.

Selling bitcoins is easy: 1) Create an account. 2) Go to deposit page, choose bitcoins and send them to the address displayed on the page. 3) Once your bitcoins arrive, go to buy/sell page and click sell bitcoins.

Must read tips for trading Bitcoin and Altcoins: 1. Have a reason before entering each trade: Start a trade only when you know why youre starting and have a clear strategy for afterwards. 2. Target and stop when starting a trade: For each trade we must set a clear target level for taking profit and more importantly, a stop-loss level for cutting lo