Where do Chinese buy bitcoin

1.

bitcoin is purchased on BTCC global

purchase method

users can buy bitcoin, and at the same time, they can use the computer to "mine" bitcoin according to the algorithm. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins

extended data:

transaction mode

bitcoin address and private key appear in pairs, and their relationship is like bank card number and password. A bitcoin address is like a bank card number, which is used to record how much bitcoin is stored in the address

you can generate bitcoin address at will to store bitcoin. When each bitcoin address is generated, a corresponding private key of the address will be generated. This private key can prove ownership of the bitcoin at that address

we can simply understand the bitcoin address as the bank card number, and the private key of the address as the password of the corresponding bank card number. Only when you know the bank password can you use the money on the bank card number. Therefore, please keep the address and private key when using bitcoin wallet

2.

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:

< P > 1, providing bitcoin registration, trading, clearing, settlement and other services for customers

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 />

3. 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 currency 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

according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and 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: January 29, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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4. Well, bitcoin can't be packed in a box. Bitcoin is a virtual currency. The evidence for its existence should be a series of bitcoin addresses, that is, the private key, and the platform account password. Otherwise, they are all bullshit.

5. At present, there are dozens of bitcoin trading platforms in China, of which six are well-known, including Huo coin, bitcoin China, OK, bitcoin trading network and China bitcoin btc100. Bitcoin is legal in China, but it is illegal to use bitcoin for illegal activities. Bitcoin is defined as a special Internet commodity by the Central Bank of China. Citizens can buy and sell bitcoin freely at their own risk, which denies the monetary attribute of bitcoin.

6. Bitcoin is a virtual currency. Bitcoin (BTC) is the world's first decentralized cryptocurrency based on blockchain technology
how to buy bitcoin
1. Coin security
2. Okex
3. Fire coin
4. ZB

7. Of course, the safest way is to go to a big exchange. I recommend okex in China. It is an old exchange with the largest trading volume in the world. The key security is particularly guaranteed.

8.

Ordinary people can't buy bitcoin because China has banned it completely

on September 4, 2017, the central bank, together with many ministries and commissions, issued the announcement on preventing the risks of token issuance and financing (hereinafter referred to as the announcement), which pointed out that no organization or indivial may illegally engage in token issuance and financing activities

according to the announcement, all kinds of token issuance and financing activities should be stopped immediately from the date of release. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects

on September 13, 2017, the China Internet Finance Association issued the "tips on preventing the risks of bitcoin and other so-called" virtual currency ", pointing out that bitcoin trading platform is a tool for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal criminal activities e to the expanding number of stakeholders and strong speculative atmosphere; There is no legal basis for the establishment of various so-called "currency" trading platforms in China

extended information:

bitcoin itself lacks precious metal support and has no value preservation. Moreover, it is virtual and lacks physical existence. If the trust of the issuer goes bankrupt or is stopped, bitcoin will be worthless

the worry is not just about asset security. Due to the "fast money", a large number of "hot money" may flow in. If the regulatory and control measures fail to keep up, the risk will eventually need to be paid at a high cost, and even lead to financial turmoil

What's more terrible is that when bitcoin becomes a pure "money transfer" tool, its original characteristics of financial innovation will graally disappear, on the contrary, it will become a "gold hole", thus squeezing investment in the real economy, which is obviously contrary to the principle of financial innovation to serve the real economy