When we buy crypto currency on an exchange such as coinbase, where does the money go? I understand that we get crypto in return, but what is actually happening to our money. Scammers operate via private messages and private chat. If you receive private messages, be extremely careful. block chain technology is revolutionary and it has many benefits, it is being used by all crypto. Money is used to buy goods and services and there are very less businesses accepting crypto and still the prices are rocket High and when trading buy low, sell high = profit, buy high – sell low = loss. Do you understand bitcoin trading ?