Who buys Bitcoin when you sell?

When it comes to the question of "Who buys Bitcoin when you sell?" the answer lies within the intricate network of cryptocurrency exchanges and market participants. As a seller, your Bitcoin transaction is typically facilitated by a cryptocurrency exchange platform, which acts as a bridge between buyers and sellers. When you place a sell order on an exchange, it enters the order book alongside numerous other buy and sell orders. The exchange's matching engine then searches for a corresponding buy order that matches your price and volume requirements. This buy order could come from an individual investor, a market maker, a trading bot, or even a large institutional investor. The key point is that the identity of the buyer remains anonymous in most cases, as transactions on public blockchains are pseudonymous. However, the transaction itself is recorded on the Bitcoin blockchain, ensuring transparency and immutability. So, while you may not know who specifically buys your Bitcoin, you can rest assured that the transaction is secure and verifiable on the blockchain.