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Can You Sell. Bitcoins? Yes, of course! Most exchanges that let you buy bitcoins also let you sell (for a fee of course). Why Do I Need to Upload my ID for Some Exchanges? This is due to Know Your Customer (KYC) laws which require.
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If a transaction is invalid (for example, the user does not have enough funds then the transaction is not included in the blockchain. The entire history of all valid transactions is stored by many different machines in thousands of physical locations, each copy being identical.
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