<p>No, simply they sell and buy bitcoins. I sell them my bitcoins and you buy from them these bitcoins.</p>

CC BY-SA 3.0
2017-11-28T13:37:29.103Z
Select the answer if it helped.
Tailer
CC BY-SA 3.0
2017-11-28T11:47:56.063Z
2017-11-28T11:47:56.063Z
Tailer
<p>I understand sites like koinex/coinbase/etc.. credit bit coins when we try to buy bitcoins from them. </p>

<p>How do they (koinex/coinbase/etc..) get bitcoins to give it to users when they buy? are they doing mining and getting coins? or do they buy bitcoins from somebody who is mining ?</p>

<coinbase.com>
what is the source of bitcoin for trading site like koinexcoinbase/etc...?
Senthilkumar Annadurai
# what is the source of bitcoin for trading site like koinexcoinbase/etc...?

(Asked by: username_0 on 2017-11-28)

I understand sites like koinex/coinbase/etc.. credit bit coins when we try to buy bitcoins from them.

How do they (koinex/coinbase/etc..) get bitcoins to give it to users when they buy? are they doing mining and getting coins? or do they buy bitcoins from somebody who is mining ?

**Tags:** coinbase.com


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## 1 answers

### Answer by username_1 on 2017-11-28. Score: 1 | Accepted answer

No, simply they sell and buy bitcoins. I sell them my bitcoins and you buy from them these bitcoins.

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> **username_1**: Select the answer if it helped.  

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