We all know that bitcoin is the first cryptocurrency but you ever think that what was the first cryptocurrency exchange ???

Bitcoinmarket.com was the first cryptocurrency exchange. Bitcoinmarket.com started operating on 17 March 2010. At that time, the bitcoin price was 0.05usd. initially, people can only earn bitcoin in the mining process. this is the first exchange where people started to trade. on 22 March, a person made the first transaction on this exchange.

Bitcointalker, Dwdollar’s was the founder of the Bitcoinmarket.com exchange. he announced on his twitter account was that " I am trying to create a bitcoin market. where you can exchange your bitcoins in dollars'

Initially, bitcoinmarket.com started to accept Paypal. people can buy bitcoin in exchange for PayPal dollars but in 2011, they removed PayPal because of scammers.

I searched a lot the reason why this exchanger is closed or they change the name but I was not able to find anything. if anyone knows about it please share with us in the comment section :)

THANKS FOR READING

​image source:https://images.app.goo.gl/43UsKdWM142SQEgu5



