Every time Bitcoin's price rises, new investors and speculators want their share of profits. It is extremely easy for anyone to trade Bitcoin as the barrier for entry is so low.
Plus, can I buy Bitcoin without an exchange?
Buy Bitcoin without exchange: Coinmama Buy Bitcoin or Ethereum is possible without going to exchange first. They are a known player in the crypto space and have been there since 2013. To buy or sell Bitcoin, you can do it from within their platform and they choose the exchanges with the lowest exchange rate.
On top of this, do you need a license to trade Cryptocurrency? "To operate in Australia, the platform operator will need to hold an Australian market licence unless covered by an exemption. There are currently no licensed or exempt platform operators in Australia that enable consumers to buy (or be issued) or sell crypto-assets that are financial products.
On top of that, do I need a license to sell Bitcoin?
It's not illegal to sell bitcoins per se, but at least four people across the US this year have been charged or pleaded guilty to the crime of exchanging the cryptocurrency for fiat as a business without a license—"business" being the keyword.
Is buying and selling Bitcoin illegal?
It's official… selling your own legally acquired Bitcoin is a crime in the United States! If you sell your Bitcoin or other cryptocurrency without going through a regulated exchange, the US government is coming for you.