Bitcoin can be used for cash transactions

1. The first, the most common and the most popular way for bitcoin participants to choose, is to choose a trading platform. Now the trading platform, with the strengthening of supervision, all need the real name system. Generally speaking, it's better to choose a larger and influential trading platform. On the one hand, it's more secure and reliable. On the other hand, it's more currency, active trading and good liquidity. When the platform is selected, the first step is to register. Generally speaking, it needs telephone registration or email registration. After registration, it requires the real name system. The ID card and the corresponding bank card go to the real name system. This is just the general real name system. If there is no real name system, most platforms are restricted from trading. In the general real name system, there are also restrictions on the amount of money, and there are restrictions on the daily withdrawal of money or cash. If you want to improve the amount of money, you need advanced authentication. Advanced authentication generally requires video authentication, handheld ID card, etc. After the end of advanced authentication, the permissions will be much better. At this time, you can exchange legal currency and virtual currency with other traders through legal currency trading in the platform. At present, domestic platforms do not provide direct recharging of legal currency, but provide mutual exchange of legal currency and bitcoin among different traders to achieve the goal of recharging. This is the C2C end of the transaction, the platform is only to provide security and exchange channels. Through C2C terminal transactions, legal currency can be changed into different virtual currencies in personal accounts. However, there are not many kinds of virtual currencies that can be changed, such as bitcoin. With these currencies, you can buy and sell multiple currencies through currency transactions on the platform. This kind of trade way is the trade way that most players choose
the second way of transaction is completely private transaction. First, the two sides of the transaction contact each other, and then the seller in the trader transfers the virtual currency such as bitcoin to the buyer's wallet directly through the wallet such as bitcoin. At the same time, the buyer gives the seller the money needed by the exchange or other virtual currency of equal value. Here, the price traders can communicate with themselves, which saves the trouble of platform registration
compared with the two methods, the trading platform needs to be registered and the real name system is adopted. For users who are afraid of trouble and unwilling to trade in real name, they are more inclined to choose private trading. Moreover, the service charge required by the platform exchange is actually very high. These are the factors that some people choose to trade in private. However, private transactions also have many disadvantages. One is the uncertainty of the transaction. If the two parties do not meet for the transaction, there may be the risk that one party will pay and the other party will run away. Even if they meet and trade, there may be something similar to stealing bitcoin directly or transferring bitcoin into their own hands through threats. Another is that the liquidity is not strong, and it is not necessarily possible to find a private trading partner at any time. However, private transactions sometimes appear in the hands of large investors, and millions of transactions may be directly traded in private. At this time, transactions may be based on long-term cooperation and trust
I used to make bitcoin, and I lost half of it at once. It's not online or offline, and the risk is very high. It's better not to touch virtual currency, which is not recognized by China

2. Sell out, in the exchange, there is a buyer, withdraw cash operation is to first transfer the currency account to the legal currency account, and then sell!

3. Bitcoin did make a lot of money last year, but in March this year, it was in a downturn. The world's largest bitcoin trading platform, Mentougou, had 800000 stolen coins and was forced to file for bankruptcy protection. It's not illegal for your mother to go to the bank to withdraw money and then directly use cash to buy bitcoin. But does your mother understand bitcoin? Did your mother get bitcoin? If your mother didn't get bitcoin, or sold it to your mother at a much higher price than bitcoin at that time, it must be a scam. Bitcoin is generally traded on the trading platform, and private transactions are generally concted by people in the circle or those who know bitcoin very well

it's been a long time. How do you prove that it's a fraud and how to collect the evidence are all questions.

4. Currency trading platform [list] data type = UL data id = 11746871 [/ list]
bitcoin trading platform undertakes most of the functions of "bitcoin exchange for cash" and "cash purchase for bitcoin". At present, the three largest exchange platforms in the world are Mt. GOx, bitstamp and btcchina. At the same time, btcchina, founded in June 2011, is the earliest and largest bitcoin exchange platform in China

if you think the use of bitcoin wallet is too cumbersome, the transaction data block takes up too much space. You can also use the trading platform as an online wallet.

5.

Ethereum is a cryptocurrency whose market value is only lower than that of bitcoin. The emergence of Ethereum also makes up for the lack of scalability of bitcoin. After five years of development, Ethereum has accumulated a large number of fans. Ethereum's concise functional application highlights its own advantages, but Ethereum, which has been developing smoothly, has encountered a "blow", In an interview, SEC Chairman Jack Leighton made it clear that Ethereum was a security, which caused an uproar and led to a crisis of trust in Ethereum

some days ago, people have been worried that once Ethereum is identified as a security, most Ethereum transactions will be banned. Once Ethereum trading stops in the U.S. market for some reason, its currency price will plunge, and other Ethereum related cryptocurrencies will avalanche one after another, or even withdraw from trading. The blow to the coin ring is unimaginable

If Ethereum is really a security, the consequences will be unimaginable. After all, Ethereum has a very small position in the currency circle. Most people have Ethereum in their hands, which may make the Ethereum in the hands of investors depreciate significantly, which will bring a disastrous blow to the currency circle. Whether Ethereum can survive the disaster will make the exchange and investors sweat. For more details, please click

6. First of all, how much bitcoin can be exchanged for cash depends on the rules of that platform, that is, how many transactions you can limit.

7. I suggest the exchange I'm using to you. It's bthumb in South Korea.

8. Hebei Huijin mechanical and Electrical Co., Ltd. is a major supplier and service provider of financial equipment, integrating R & D, proction, sales and service. It is a high-tech enterprise with independent innovation ability, manufacturing ability and service ability. The company was founded in March 2005, headquartered in Shijiazhuang high tech Instrial Development Zone. If you have any questions, we suggest you consult Huijin's official website customer service
response time: September 30, 2020. Please refer to the official website of Ping An Bank for the latest business changes

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