How does Babbitt app buy bitcoin
bitcoin is forbidden to trade in China
Digital trading is illegal in China. Financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin or act as central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, or directly or indirectly provide customers with other services related to bitcoin all financial institutions, Payment institutions and Internet websites providing bitcoin registration, trading and other services should report to China Anti Money Laundering Monitoring and Analysis Center immediately if they find suspicious transactions related to bitcoin and other virtual commodities, and cooperate with the anti money laundering investigation activities of the people's Bank of China; If any criminal activity clues such as fraud, gambling, money laundering are found using bitcoin, they should report to the public security organ in time
extended data:
prohibit bitcoin related services, including:
2. Accept bitcoin or use bitcoin as a payment and settlement tool
3
4. Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin
5. Take bitcoin as the investment target of trust, fund, etc< br />
first of all, your computer should have installed the latest version of bitcoin client. After opening the client, all the transaction information data on the network will be automatically downloaded to the local. Depending on the network speed, this process may take several hours. At this time, the account balance is 0. Users can ask friends to send some coins, but a more feasible way is to do mining or merchant acquisition<
mining as a miner
to be a miner is to proce bitcoin with one's own computer. In the early client, the option of mining is still available, but it has been cancelled. The reason is very simple. With more and more people participating in mining, it may take several years for one to dig 50 coins. Therefore, miners generally organize miners' guild to dig together. Specific mining methods, you can go online search. This method is already very unrealistic
as a businessman, you can buy coins g by miners with money, open an online shop to sell things and collect bitcoin, and even go to the exchange to speculate in coins. There are many websites providing bitcoin exchange services, which can be converted into almost any kind of currency
the difficulty of bitcoin mining is directly proportional to the amount of money that has been mined. The more difficult it is to mine, the more difficult it will be. After 20 million bitcoins are mined out in 2030, the remaining 1 million bitcoins will probably take decades to be mined out. And bitcoin has no central issuing authority, which is generated by network nodes through complex calculations. Anyone can run bitcoin software on a computer to make it. During circulation, enter the quantity 1 on the client software, then come to the other party's bitcoin address and sign with the payer's password. After that, the bitcoin is the other party's.
first of all, you need to download a trading platform, which can trade in legal currency
okex is more popular
if it's an Apple phone, you need to use an overseas account. If it's an Android phone, you can download it at will.
53m Hongqiao intersection - bus stop
passing bus: No.7 loop
182m Eshan Park - bus stop
passing bus: No.2, No.11, No.27 loop, No.29, No.35 loop, No.40, No.55 loop, No. 92 loop line
194m Hongqiao District 3 - bus stop
passing bus: No. 7 loop line
371m Eshan District 3 - bus stop
passing bus: No. 32