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For example, you could directly convert bitcoin to Ethereum (a cryptocurrency conversion), or you could sell bitcoin and then purchase Ethereum (a cryptocurrency sale followed by a cryptocurrency purchase). Coinbase charges a spread margin of up to two percent (2.00%) for cryptocurrency conversions.
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While Bitcoin ATMs make it easy to buy bitcoin with cash, there are some downsides: Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%. Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like our Bitcoin price page .
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Bitcoin Cash (BCH) A great Bitcoin alternative is the fork of Bitcoin itself, Bitcoin Cash (BCH). You can think of a Bitcoin fork as a child of Bitcoin. A fork happens when an update is made to a blockchain but not all of the users running the blockchain agree to it.
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