Which exchange website should I use?

[Theymus]

Ello,

I am new to Bitcoins and was wondering which exchange website I should use- MtGox, Virvox, BTC- E, etc. What is the difference and do I need one of websites to buy/sell Bitcoins? I have already downloaded the Bitcoin client so, should I just use that to buy of the Market?

Thanks

[MonocleMan]

There are many places (and people) to buy bitcoins from, in fact in the trading forum here there are people looking to trade bitcoins for cash etc.

[BIGMERVE]

localbitcoins.com

[jasinlee]

There are several, but the most common is mtgox but if you are looking for others here is one.

Vircurex, they also handle alternate currencies.

[Kazimir]

You don't need a Bitcoin client to buy other people's Bitcoin.

You only need a wallet, in which you can store your coins once you purchased them. For a wallet, you can use a client, but you can also use an online wallet (like the blockchain.info wallet or [/url=strongcoin.com]StrongCoin[/url]).

Be sure to know what you're doing before storing large amounts of money. If you use an online wallet, you'll have to trust the site and perhaps create a secure backup (export the private keys) in case they go down. If you use a local wallet (client) you'll have to make sure to protect it against theft (by encrypting it) or harddisk crashes (by creating backups, also encrypted of course).

[Theymus]

Can I buy bitcoins from the exchange market with a local wallet like the Bitcoin client and localbitcoins.com? Or do I have to have something like Mtgox? I looked at the markets for bitcoins and MtGox usually has the largest exchange rate in USD compared to other online wallets. Does the value of Bitcoin increase/decrease based on which online wallet you use?

[SZBitcoin]

I just MTGOX and sometimes virvox.

[PrimeDice]

Bitfloor used to be really good but they are currently offline due to a hack.  MtGox is probably the best way to go imo.

[camjenk]

Don't use an exchange, use a vendor with badass fee's. He has worked well for a lot of people and is very active.
https://bitcointalk.org/index.php?topic=87094.0

1% below mtgox last price, so many ways to deposit, and no other fees

[jwzguy]

Don't use an exchange, use a vendor with badass fee's. He has worked well for a lot of people and is very active.
https://bitcointalk.org/index.php?topic=87094.0

1% below mtgox last price, so many ways to deposit, and no other fees

This is currently the best option.

[dotcom]

think mtgox is the biggest

[Monster Tent]

Can I buy bitcoins from the exchange market with a local wallet like the Bitcoin client and localbitcoins.com? Or do I have to have something like Mtgox? I looked at the markets for bitcoins and MtGox usually has the largest exchange rate in USD compared to other online wallets. Does the value of Bitcoin increase/decrease based on which online wallet you use?

Your name seems familiar 

[freefal]

Use MtGox.  Most liquidty.  Fees are better elsewhere, but liquidity is pretty terrible.