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The Blockchain is a public ledger that Bitcoin essentially travels on. Bitcoin Depot does not take ownership of your crypto. See more. Depending on the wallet you are using the wallet may require confirmations before the bitcoin is actually deposited in your wallet and spendable.

Other Cryptocurrencies. P2P Exchanges: Unlike decentralized exchanges, which match up buyers and sellers anonymously and facilitate all aspects of the transaction, there are some peer-to-peer P2P exchange services which provide a more direct connection between users. Related Articles. Part Of.