Bitcoin stopped trading on September 30
Prior to that, the regulatory authorities decided to close the exchanges of virtual currency in China. On September 14, regulatory rumors finally came to the ground. Just now, bitcoin China, one of China's three major virtual currency trading platforms, announced that bitcoin China would stop all trading business on September 30
according to public information, bitcoin China is the longest operating bitcoin trading platform in China, which was established on June 9, 2011. Affected by the news, bitcoin, lightcoin and Ethereum all fell sharply
Unfortunately, bitcoin is no longer tradable in mainland China. Bitcoin China announced that it will stop all trading business on September 30, 2017
development information:
after bitcoin China and microbit, the bitcoin trading platforms in Shanghai and Shenzhen, respectively announced that they would close their trading business on September 30, 2017, on the evening of September 15, two other large domestic bitcoin trading platforms, Huo coin.com and okcoin.com, headquartered in Beijing, announced that they would suspend their registration from 21:30 on September 15, 2017 RMB recharge business; All users will be informed before September 30 that they are about to stop trading, and the trading business of all digital assets against RMB will be graally stopped before October 31
according to worldcoindex data, since September 1, bitcoin has dropped from $4800 to $3655, a drop of 24%, and its market value has shrunk by nearly $20 billion
in the same period, the decline of ether currency and Wright currency was 37.5% and 31% respectively. Over the past two weeks, Leyte currency has declined by more than 40% on the three major domestic trading platforms
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity
warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: February 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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On October 10, bitcoin China, one of the three major bitcoin exchanges in China, announced on its official wechat account that it would stop the cash withdrawal business at 12:00 noon on October 30, Beijing time, and ask users to reflect it as soon as possible
bitcoin China has previously turned off the digital assets and RMB recharge function at 12:00 noon on September 27, and turned off all trading functions at 12:00 noon on September 30. The other two big bitcoin exchanges in China, Huo coin.com and okcoin.com, which are headquartered in Beijing, will stop trading all digital assets into RMB before October 31, and the work of clearing their funds and assets is also in progress
on September 14, bitcoin China, a large domestic bitcoin trading platform, announced that it would stop all trading businesses of the digital asset trading platform, but it would not affect customers' withdrawal of bitcoin
bitcoin China is the first and largest bitcoin trading platform in China. It is operated by Shanghai satuxi Network Co., Ltd. and was established on June 9, 2011. The team members are mainly from China, Silicon Valley and Europe. On March 12, 2014, bitcoin China officially launched the lightcoin transaction, and the cumulative transaction volume of lightcoin exceeded 30 million yuan
Common ground: both can operate in two directions, both can be bullish to buy, but also can be bearish to sell, effective trading opportunities increase, maximize the use of funds at the same time to maximize wealth
Difference:1. Different concepts: forward contract is a contract that both parties agree to buy and sell a certain amount of financial assets at a certain price at a certain time in the future. Futures contract is an agreement that the buyer agrees to receive certain assets at a specific price after a specified period of time, and the Seller agrees to deliver certain assets at a specific price after a specified period of time
The trading time of futures contract is fixed. Every exchange has strict rules on trading hours. Forward contracts are not Different trading places: forward contract has no fixed place, both sides of the transaction look for suitable objects, while futures contract is traded in the exchange, not allowed to be traded over the counter
extended data:
notes for switching near futures contracts:
1. Retail investors are not allowed to enter the delivery month
2. The main funds usually start to move their positions one month in advance, so if the list in the hands of indivial investors has a long term, they can start to finish the next contract one month before the delivery month, such as the 1905 contract, then they can consider the next contract from April
3. In addition, we need to pay attention not to wait until the end with a fluke mentality. When the contract is close to delivery, the unilateral direction will not change much later. The funds will move to the next contract, and we will not pay attention to this contract too much, so we should pay attention to it as soon as possible
When settling accounts, it's better to set up new contracts and old contracts at the same time, because one of the characteristics of changing contracts is to keep the same number of contractsreference source: network forward contract
reference source: Network futures contract