Where does the money go when you invest in cryptos like BTC/ETH?

[ImamShaheb]

When you invest in cryptocurrencies like Bitcoin or Ethereum on a platform like Bitget, the money doesn't exactly disappear. Instead, it gets converted into units of that particular cryptocurrency.
Here's a breakdown:

• Bitget is a popular cryptocurrency exchange that allows you to buy and sell various cryptocurrencies, including Bitcoin and Ethereum. They offer a user-friendly platform with features like copy trading and margin trading to suit different trading styles.
• When you invest using Bitget, you're essentially placing an order to buy a specific amount of cryptocurrency. Bitget acts as a middleman, connecting you with other users who want to sell their holdings.
• Once your order is matched, the equivalent amount in Bitcoin or Ethereum (depending on your purchase) gets transferred into your Bitget account. You now own those crypto units, and their value fluctuates based on market supply and demand.

Remember, cryptocurrency is a relatively new asset class, and its regulations can vary depending on your location. It's always wise to do your own research before investing.