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Is usdt a bitcoin network

Publish: 2021-05-11 03:56:59
1.

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

extended information:

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

2. 1. TEDA currency (usdt) is a virtual currency that links cryptocurrency with legal currency US dollar. It is a kind of virtual currency kept in foreign exchange reserve account and supported by legal currency
2. Contract trading is a general term for the future contract trading of bitcoin

warm tips: ① the above contents are for reference only, without any suggestions. The relevant procts are issued and managed by the corresponding platform or company, and our bank does not undertake the responsibilities of investment, cashing and risk management of the procts. ② There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: February 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
3. In the legal currency system, each country has a strict clearing and settlement system. For example, inter-bank transfer and non local transfer will take a long time to wait or have high handling charges. Especially in foreign exchange transactions, there are strict controls on foreign exchange transactions between countries. None of these rules exist in the bitcoin network. You only need to send a transfer request gently, and it can basically arrive in an hour.
4. 1. 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 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

2. TEDA coin (usdt) is a token launched by tether company, which is based on the stable value currency US dollar (USD). 1 usdt = 1 US dollar. Users can use usdt to exchange 1:1 with USD at any time. Tether company strictly abides by the 1:1 reserve guarantee, that is, for each usdt token issued, its bank account will have a capital guarantee of $1. Users can query funds on the tether platform to ensure transparency

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
response time: February 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
5. Hello, you need to make a transfer action to transfer the currency of the legal account to the transaction account for the TEDA coin purchased on Huo coin online, and then the button to withdraw the currency will appear below the usdt ratio. If there is no transfer, the button to withdraw the currency will not appear. Then you need to see if the im wallet platform can receive this coin. You can find the answer in IM help. After that, it's normal to transfer the usdt on the hotcoin network into the bitcoin wallet. If im doesn't support it, just find another wallet that supports saving usdt
but the key point is to swipe. You can also go to bitMom. I hope it can help you
6. For usdt / BTC, the spot purchase transaction is to get bitcoin. However, the handling charge for currency security is very high, which is 0.2%, and bitoffer is only 0.05%, which is several times worse than that, so it's not cost-effective.
7. Political function and economic function

because bitcoin has the following potential risks: first, high speculative risk; Second, high risk of money laundering; The third is the risk of being used by criminals or organizations. From the perspective of maintaining national security and social stability, it is a political function; It is an economic function to manage and supervise the enterprises and the market by ensuring the smooth operation of the market, ensuring fair competition and fair trade, and safeguarding the legitimate rights and interests of enterprises

bitcoin home has the notice and interpretation about the central bank and other five ministries and commissions

from the current situation, because the total amount of bitcoin is small, the scale of trading market is limited, and financial institutions are not directly involved in trading and investment activities. As long as necessary prevention and control measures are taken, the risks brought by bitcoin and other virtual commodities can be avoided to impact the financial system and affect financial stability and monetary policy. At the same time, as a virtual commodity, bitcoin's price fluctuation is not related to the real economy, and the scope of real economy transactions priced and paid by bitcoin is extremely limited. We can also strengthen prevention and control to avoid bitcoin and other virtual goods to impact the real economy. However, e to the high risk of speculation, money laundering and being used by criminals or organizations, bitcoin and other virtual commodities are still worthy of attention

since the emergence of bitcoin China, the first bitcoin trading website in China in 2011, dozens of similar virtual commodities have appeared in China in just a few years, and more than ten trading websites of bitcoin and lettercoin and other similar virtual commodities have been set up. The daily bitcoin trading volume in peak period accounts for more than half of the world's bitcoin trading volume. With the help of the concepts of "internet currency", "future trend" and "digital gold", the trading of bitcoin and other similar virtual commodities has changed from simple trading to high-risk speculative activities such as "financing currency" and leverage trading. Compared with bitcoin, there is still a lack of sufficient understanding of bitcoin and a large number of ordinary people participate in it, Holding, using and trading bitcoin out of the mentality of following the trend or speculation will cause great losses. If it is not restricted, it will not only affect the seriousness of RMB as China's sovereign currency, but also damage the property rights and interests of the public.
8. Why not recommend direct transfer of usdt?
9. Bitcoin transfers are charged by the number of times
you can set this charge, which normally ranges from 0.0001 to 0.0005 each time. If you set it high, the bitcoin network will confirm quickly, if you set it low, the confirmation will be slow.
10. The answer is quite a few, but not many to the point
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