Luckily for you, this site has ample information to help make buying bitcoins easier for you. Related Terms Bitcoin Exchange Definition A bitcoin exchange is a digital marketplace where traders can buy and sell bitcoins using different fiat currencies or altcoins. The good thing is, developers are hard at work to make Bitcoin the best money the world has ever seen. So it is very hard to buy other coins without first buying bitcoins. Today, only specialized computer hardware is powerful enough to do this. Buying bitcoins with cash or cash deposit is the most private way to purchase bitcoins. Different payment methods deliver your coins at different speeds.