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Mastering Blockchain

You're reading from   Mastering Blockchain A deep dive into distributed ledgers, consensus protocols, smart contracts, DApps, cryptocurrencies, Ethereum, and more

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Product type Paperback
Published in Aug 2020
Publisher Packt
ISBN-13 9781839213199
Length 816 pages
Edition 3rd Edition
Languages
Concepts
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Author (1):
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Imran Bashir Imran Bashir
Author Profile Icon Imran Bashir
Imran Bashir
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Table of Contents (24) Chapters Close

Preface 1. Blockchain 101 2. Decentralization FREE CHAPTER 3. Symmetric Cryptography 4. Public Key Cryptography 5. Consensus Algorithms 6. Introducing Bitcoin 7. The Bitcoin Network and Payments 8. Bitcoin Clients and APIs 9. Alternative Coins 10. Smart Contracts 11. Ethereum 101 12. Further Ethereum 13. Ethereum Development Environment 14. Development Tools and Frameworks 15. Introducing Web3 16. Serenity 17. Hyperledger 18. Tokenization 19. Blockchain – Outside of Currencies 20. Enterprise Blockchain 21. Scalability and Other Challenges 22. Current Landscape and What's Next 23. Index

Bitcoin investment and buying and selling Bitcoin

There are many online exchanges where users can buy and sell Bitcoin. This is a big business on the internet now and it offers Bitcoin trading, CFDs, spread betting, margin trading, and various other choices. Traders can buy Bitcoin or trade by opening long or short positions to make a profit when the price of Bitcoin goes up or down. Several other features, such as exchanging Bitcoin for other virtual currencies, are also possible, and many online Bitcoin exchanges provide this function. Advanced market data, trading strategies, charts, and relevant data to support traders is also available. An example is shown from CEX (https://cex.io) here. Other exchanges offer similar types of services:

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Figure 7.10: Example of the Bitcoin exchange on cex.io

The following screenshot shows the order book at the exchange, where all buy and sell orders are listed:

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Figure 7.11: Example of a Bitcoin order book at the exchange of...

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