Where do exchanges get their Bitcoin?

[Amph]

well everyone get them from mining, especially from those first early adopter and when the reward was higher(50 per block) there were many coins in circulation in a shorter time frame

from there you get the current spread

[2double0]

Few were those who were lucky to get in before, and few are getting huge investments raised for their ideas.
Everyone has a different story, so for the exchange part too. And you are giving them fee for using their services, and each trade has a nice 0.2% average fee, so don't think it won't be much for them, as lots of transactions take place per day.

[dearbesz]

 Where do exchanges get their Bitcoin?

Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange

[BitcoinPC]

Where do exchanges get their Bitcoin?

Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange

Whenever an exchange list a new Altcoin they get paid by the Coin owner to list the coin on the exchange. Secondly for every trade they deduct the trading fee. The difference between buying and selling is also earned by the exchanges.

[Cryptonitex]

I heard they were a division of BitStamp and that's a place where they get their coins.

[Camnates]

Where do exchanges get their Bitcoin?

Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange

Whenever an exchange list a new Altcoin they get paid by the Coin owner to list the coin on the exchange. Secondly for every trade they deduct the trading fee. The difference between buying and selling is also earned by the exchanges.

I do not think you trade against the exchange. The bid/offer difference is not earned by the exchanges.

[Sorrowfox]

Two that come to mind are Coinbase & Circle.  I did a quick google search, possibly wrong terms.  The information I got was useless.  I am sure this has been discussed.  If there is a good article/link on this it would be appreciated.

Hi, I am from the Philippines and I am using a coins.ph. Our Local currency which is Philippines Peso is converted into bitcoins through COins.ph and after that I deposit it to different trading sites. Well the negative thing about it is that there is a high spread between the buying and selling amount of Coins.ph. So I only buy bitcoins when the value of bitcoins if very low. In that way, I can avoid the loss.

[densuj]

The exchanger get bitcoin from traders and miners but before make exchanger we must have big capital for make markets. And it will make markets are alive because there are transaction. And usualy markets get bitcoin are from fees trading, deposit and withdrawal.

[bravehearth0319]

Most of the exchange get their bitcoins most of the time in every transactions of the traders who sign up in their exchange sites.
and everytime they buy and withdraw their bitcoins there is always charge fee. Thats how they earned bitcoins as far as I know.

[Camnates]

The exchanger get bitcoin from traders and miners but before make exchanger we must have big capital for make markets. And it will make markets are alive because there are transaction. And usualy markets get bitcoin are from fees trading, deposit and withdrawal.

For some exchanges, the exchange itself does not make the market. The traders make the market themselves.

[jak3]

all type of exchange get their coins from us they charge us fees for not only in withdrawl but also at every order or trades we do. we get coins from other users but exchangers make profit even if we don't

[xdrpx]

Normally new exchanges get their Bitcoins in the form of capital investment made by themselves, and they purchase bitcoins themselves. Once they earn enough fees from the exchanges they attain equilibrium in the amount earned and the invested amount. Other ways to earn at a later stage would be from ads and various other forms of trading.

[outatime1]

I'm sure that the owners of the company had to buildup a large bitcoin balance before they could start selling. They probably borrowed funds for the business. Now they can sell and buy since they have a lot of customers.

[RoommateAgreement]

I'm sure that the owners of the company had to buildup a large bitcoin balance before they could start selling. They probably borrowed funds for the business. Now they can sell and buy since they have a lot of customers.

you start with an initial investment for your starting money just like any other business. the starting money is usually either from them buying from others, even from other exchanges or asking people to come and become partners by investing in them.

then you start advertising and over time as people come to your exchange and did business there you gather the fees.

[Lionidas]

all type of exchange get their coins from us they charge us fees for not only in withdrawl but also at every order or trades we do. we get coins from other users but exchangers make profit even if we don't

That is how they make their bread and butter... from those withdrawal fees.
Anybody know how much bitfinex was charging in these fees to their customers?
I know it depends on the amount of the withdraws but still what was the percentage?
I bet it was very high or why else would their customers not want to withdraw their funds in their accounts on a daily basis? 

[Camnates]

all type of exchange get their coins from us they charge us fees for not only in withdrawl but also at every order or trades we do. we get coins from other users but exchangers make profit even if we don't

That is how they make their bread and butter... from those withdrawal fees.
Anybody know how much bitfinex was charging in these fees to their customers?
I know it depends on the amount of the withdraws but still what was the percentage?
I bet it was very high or why else would their customers not want to withdraw their funds in their accounts on a daily basis? 

I use the Poloniex, the fee they charge is 0.0001 or 0.06 US dollar. So if you withdraw $2000, it is reasonable fee.

[Betwrong]

Where do exchanges get their Bitcoin?

Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange

Whenever an exchange list a new Altcoin they get paid by the Coin owner to list the coin on the exchange. Secondly for every trade they deduct the trading fee. The difference between buying and selling is also earned by the exchanges.

I was always wondering how much exactly a coin creator must pay to Yobit for example for their coin to be listed. I think it's around $200 but Im' not sure.

[universe_]

well everyone get them from mining, especially from those first early adopter and when the reward was higher(50 per block) there were many coins in circulation in a shorter time frame

from there you get the current spread

i think that exchanges dont mine it in my opinion they just buy some coins from others for the beginning and that is basically it

[X-ray]

i think exchangers buying it when the price just seems so profitable,and i think how exchangers could get profit is like when people doing trading,buying at the low price and selling it in the higher price,thing that make it different,exchangers can't sell the bitcoin immediately as traders does

[Camnates]

i think exchangers buying it when the price just seems so profitable,and i think how exchangers could get profit is like when people doing trading,buying at the low price and selling it in the higher price,thing that make it different,exchangers can't sell the bitcoin immediately as traders does

I think exchange does not have to trade to get the bitcoin. It can just get the bitcoin from the trading fees.