Over the counter trading of bitcoin has always existed
According to the official announcement, digital assets and RMB recharge functions will be closed at 12 noon on September 27, and all trading functions will be closed at 12 noon on September 30. So far, bitcoin trading was officially sentenced to death
some people applaud the state's move to control bitcoin transactions, believing that this money laundering tool should have been closed long ago the invention of bitcoin in the United States disturbs the Chinese market. We should learn from Russia's ban on bitcoin. Although bitcoin makes money, it is not good for the development of the country because it is divorced from the real economy. Many young people are addicted to bitcoin and lose both money and people
however, at present, the state only restricts it, but it has not been completely banned. Big exchanges can not provide bitcoin exchange, so many of them go underground, making it more difficult to control
for young people, the state has banned trading, so it is too risky to re-enter the bitcoin market, so they should be cautious to intervene, and regret if they break the law
it mainly refers to other transactions that bitcoin does not conct through formal and legal channels and platforms such as exchanges, for example, small amount of personal online transactions, large amount of offline face-to-face transactions, one-hand transfer of money (on-site transfer of money to the buyer's wallet address) and one-hand payment.
the risks of over-the-counter trading of bitcoin are mainly in the following aspects:
first, the legitimacy of the transaction, whether the bitcoin transaction is legal, and whether there is any suspicion of evading the law
Second, the identity of both sides of the transaction, both sides of the transaction do not know who the other party is, for both sides, it is a kind of risk-taking instry
Third, transaction rules, both parties are not sure whether the other party completes the transaction according to the agreement
Fourth, after the transaction, whether other issues are involved after the completion of the transaction
as an over-the-counter transaction of bitcoin, bitcoin packets feel that there are great risks for both sides of the transaction. Therefore, for the users who have the intention to trade, try to go to the formal platform to complete the bitcoin transaction.