Unlike traditional exchanges, Bitcoin Well is a brokerage VS an exchange.
Since brokers and exchanges are both ways to acquire digital currency, it can be easy to confuse the two.
With a broker, an organization sets the price and fee that they’re willing to sell for. They either hold the funds or work with a network of other brokers in order to keep sufficient supply. Brokers will likely keep prices similar to that of others in the same markets in order to keep demand for their services.
With an exchange, there are multiple buyers and sellers that are placing offers to buy and sell simultaneously. Buyers can choose to buy at any price, but the order will not be completed until a seller agrees to the transaction. The equilibrium price on these exchanges is set as the last agreed on price between buyers and sellers.
So what does this mean for you?
With our service, the funds you request are instantly delivered depending upon the method used. This takes the guesswork and hazards out of using a service.