Currency bitcoin for usdt

1. The price of BTC and eth you see on this platform is not the real price against the US dollar, but the price in usdt, which is priced in OTC legal currency. Their ups and downs are all calculated in terms of usdt. All three of them are virtual currencies, just currency transactions, not real dollar prices

2. Usdt is a complete domestic counterfeit currency, formerly known as realcoin, but it has just changed its name. Realcoin is the second generation of domestic counterfeit currency, and the first generation is called chncoin Chinese currency. Both of them collapsed successively in 2013 and 2014

3. The actual value of usdt can be said to be equal to 0. Teda Company, which issued usdt, stopped providing any services to American citizens, that is to say, Teda Company could not provide usdt to us dollar

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1. Fire coin is a safe and reliable bitcoin trading platform in China. It has won a round of ten million RMB capital investment from Zhenge fund, Dai Zhikang, Sequoia capital (shareholders of many world-famous companies such as apple and Alibaba). Fire coin implements strict risk control management and operates stably. As of the end of 2016, the accumulated turnover of fire currency reached 200 billion yuan

2. In the future, fire coin will mainly focus on overseas transactions. Founder Li Lin said in an open letter that he is currently carrying out five major businesses around the world, including fire coin global professional station, fire coin Korea, fire coin China, fire Coin Wallet and fire coin global dollar station. Among them, fire coin China focuses on blockchain technology R & D and application information, while fire coin Korea and fire coin global dollar station will continue to provide local legal currency to digital currency digital asset trading services

Usdt is TEDA currency and cannot be converted into RMB Notice on carrying out self inspection and rectification of payment services for illegal virtual currency transactions all Payment institutions within the jurisdiction shall carry out self inspection and rectification, strictly prohibit providing services for virtual currency transactions, and take effective measures to prevent payment channels from being used for virtual currency transactions

TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar. Each TEDA coin is symbolically associated with government supported legal tender. TEDA currency is a virtual currency kept in the foreign exchange reserve account and supported by legal tender. This method can effectively prevent the price fluctuation of cryptocurrency. Basically, the value of a TEDA currency is equal to US $1

on January 16, 2018, among the top 50 cryptocurrencies in global value, most of the digital virtual cryptocurrencies suffered a sharp drop in price, but the price of TEDA currency rose against the trend. The price of TEDA was $1.04, up 3.23% from the previous day, with a total market value of $1.69 billion. In addition to TEDA, most virtual currencies, including bitcoin, Ethereum, and lightcoin, have experienced sharp declines

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in 2017, the regulatory authorities issued the notice on preventing the financing risk of token issuance, which clearly pointed out that financial institutions and non bank payment institutions are not allowed to carry out business related to token issuance financing transactions. All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability

the Internet Finance Association of China issued the risk tips on preventing ICO activities in disguised form, calling on consumers and investors to recognize the essence of relevant models, enhance risk prevention awareness, invest rationally, and not blindly follow the trend of speculation. Previously, blockchain technology was once sought after by a number of listed companies and the capital market, but it also led to questions about whether it was over hyped and "stepping on the red line"

Because usdt is equivalent to self digital currency anchoring the price of US dollar, the price fluctuation is very small and very stable. The purpose of buying it first is to use usdt as the settlement currency in the currency to currency exchange trading. You can directly use usdt to buy bitcoin, which is convenient and fast. Generally speaking, you buy usdt first in the okex exchange, and then you trade bitcoin in the currency exchange, OK, there are many tutorials

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the two main settlement units of bitcoin are US dollar and usdt (actually can be understood as RMB). In the current market, the main exchange settled in US dollars is coinbase in the United States, which allows users to recharge directly with legal currency

while other large exchanges usually settle in usdt, such as coin an, fire coin, okex, etc., which are all currency transactions. They need to convert legal currency into usdt over the counter (OTC), and then deposit it in the exchange

chainalysis reported that e to the influence of the general environment and other factors, 99% of the spot transactions of bitcoin in China are settled by usdt, which is the main channel for the entry and exit of RMB, that is, the main trading market of usdt is in China

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