Bitcoin exchanges are places where you can buy and sell bitcoins or exchange other kinds of coins and digital currency.
|MtGox.com||BTC||USD, EUR, JPY, CAD, GBP, CHF...||0.6%||Biggest trader (~80%)|
|BTC-E.com||BTC, LTC, PPC, TRC, NMC, NVC||USD, EUR, RUR||0.2%||Best platform|
|Vircurex.com||BTC, LTC, PPC, TRC, NMC< IXC, DVC,||USD, EUR||0.5%||Can trade various coins|
|BitStamp.net||BTC||USD||>0.5%||Really nice GUI|
|Bter.com||BTC, LTC, FTC, PPC, CNC, WDC..||-||0.2%||Coin to Coin|
|Cryptsy.com||BTC, TLC, PPC, TRC, WDC, DGC....||-||0.25%||Coin to Coin|
Here are local exchanges. On these you can deposit and withdraw money cheaper by making local bank deposits/withdrawals (do not require sending Wire/SWIFT/IBAN payments).
|BitCoin.de||DE, AU, CH, NL||BTC||EUR||1%|
Make sure you don’t keep all your bitcoins or a lot of cash with exchanges. There was several cases of exchanges closing or going bankrupt due to hacking, funds mismanagement or changes in law regulations in countries they are formed. Probably the most well known case is the closing of MtGox.com.