Bitcoin Exchange Center
Take bitcoin to the OTC platform and sell it in RMB
First, "private transactions" (private transactions between the withdrawer and others (people who need bitcoin) can realize their own bitcoin
Second, the withdrawer is a registered user of a bitcoin wallet. The registered user can operate in the background of bitcoin, and the wallet platform provides security guarantee. The coin bag is of a similar nature
thirdly, registered users can enter the background of the trading platform to carry out cash withdrawal operation, and the security guarantee of cash withdrawal is provided by the platform itself
Fourth, the withdrawal of bitcoin itself is converted into RMB. After the registration of the registration trading platform (bitcoin China), there will be an IP address, and then you can send your own bitcoin to this website
Fifthly, after completing the above operation (wait for 10 minutes, or shorter), bitcoin will be displayed on your account, and then you can sell it at the platform price, so that you can exchange it into RMBon February 16, 2021, the price of bitcoin exceeded $50000. On February 20, 2021, the total market value of bitcoin broke through the $1 trillion mark. On February 22, 2021, the price of bitcoin exceeded $58000 per coin. On the evening of February 22, 2021, bitcoin's decline widened e to the counterattack of short selling funds. It once fell below US $48000 / piece, with a decline of nearly 17%. Subsequently, long funds quickly began to bottom, in half an hour, bitcoin fell from 17% to 6%. According to coingecko, as of 0:00 on February 23, Beijing time, bitcoin was at US $52878.42 per coin, down 9% in 24 hours
warm tips: ① according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have the monetary attributes of legal compensation and mandatory, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
② the above explanation is for reference only. Before investing, it is suggested 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 mistaking into the capital market
③ investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
response time: February 25, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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https://b.pingan.com.cn/paim/iknow/index.html
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. 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. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items
the people's Bank of China (PBOC) said that bitcoin business is prohibited in China's banks and payment systems. The people's Bank of China said that bitcoin has no legal status as a currency, but it still allows private transactions in bitcoin at their own risk. The notice stipulates that financial and Payment institutions are not allowed to carry out bitcoin business, but it does not prohibit private transactions in bitcoin. The notice requires bitcoin website to be managed by real name system, put bitcoin website on record, and bring bitcoin service organization into anti money laundering supervision.
through payment gateway or point of sale application -
BTC paid by customers can be automatically converted into local currency and sent to you
just select the payment gateway (online business) or point of sale application (in store business) providing this service, such as BTC
the service provider will receive the BTC paid by the customer and deposit the equivalent in the selected currency into your bank account, usually the next business day
there is a small charge for this service, which will be dected before it arrives
through cryptocurrency exchange -
if the BTC paid by the customer is directly sent to your digital wallet through the payment gateway or point of sale application, you can also convert by yourself through the trusted cryptocurrency exchange
it can be converted into legal currency (such as US dollar or British pound), or other cryptocurrency, such as bitcoin core (BTC) or Ethereum (ETH)
Convert BTC into legal currency you need through exchanges that support the conversion between legal currency and cryptocurrency
create an account and send the BTC in the digital wallet to the website wallet of the exchange account
sell your BTC through the platform according to the exchange's instructions
then the exchange acquires your BTC and sends the currency of your choice (net of service charges) to your bank account
through the trading platform -
you can also sell the BTC in the digital wallet through the point-to-point trading platform (such as fire coin, OK, coin security, etc.)
create an account to register the number of BTCs to be sold and the expected collection type
this includes personal cash payments or online payments, such as bank transfers
transfer BTC from digital wallet to anonymous third-party escrow security account. After receiving the buyer's agreement payment, unfreeze BTC and send it to the other party's wallet
the handling charges of these trading platforms are significantly lower, which means that you can receive more money
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