兴趣爱好These subjects might sound a little mundane, but it is important to remember that a crypto exchange has to operate under similar rules to a stockbroker. This means that they have very high standards for documentation to comply with the local laws. Certain exchanges might not be a good fit for you because of the country you are from and it is helpful to know that in advance, so that you can choose the best place to buy Bitcoin and crypto for your own situation. After selling crypto you can decide to withdraw fiat from the exchange to your bank account if you used crypto-to-fiat pair or withdraw crypto to an external crypto wallet if you used a crypto-to-crypto pair. The number one risk associated with buying bitcoin on exchanges is that you run the risk of getting hacked because of the flaws that exchange wallets have. To avoid losing your investment to avoidable hacks, you can opt to upgrade your game with our hardware Ledger Nano wallets and buy securely in our Ledger Live App straight to your wallet 8211 no middlemen, full ownership of your coins and hack-proof.