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Why can bitcoin cash out

Publish: 2021-05-12 05:28:07
1. After the ZF policy, the domestic bitcoin exchanges were basically closed on October 31. Therefore, if bitcoin wants to be realized, it can only be traded on the OTC exchanges of bitcoin abroad. Many of these closed platforms have opened OTC exchanges abroad, but I don't use much. I only use the coinbee platform and sell a few coins. This is how his OTC trades, The basic routines are the same. First you have to register your account, then get your wallet address from the coinbee platform, then recharge the bitcoin into it, choose to publish advertisements, choose the quantity, price, acceptable transfer method, such as Alipay or bank transfer, if someone wants to buy your currency, he will Send a transaction request to you. Then you trust bitcoin, wait for him to call you, and click on the platform to complete the payment. After you confirm that you have received the payment, you can click release bitcoin on the platform to complete the transaction. This is my actual operation. There will be risks. Be careful. This is my personal practice, and I hope it will be useful to the subject.
2.

Take bitcoin to the OTC platform and sell it in RMB

3.

Because 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

many websites for technology players have begun to accept bitcoin transactions. For example, websites like hotcoin, coin an and okex, as well as some Taobao stores, can even accept services such as bitcoin exchange for us dollars and euro. There is no doubt that bitcoin has become a real currency in circulation, rather than a virtual currency like Tencent Q coin. There are specialized bitcoin third party payment companies abroad, similar to the domestic Alipay, which can provide API interface services. p>

you can use money to buy bitcoin, or you can be a miner to "mine" them, and use computers to search for 64 bit numbers. By repeatedly decrypting with a computer, it competes with other gold miners to provide the number needed for the bitcoin network. If the computer can successfully create a set of numbers, it will get 12.5 bitcoins

bitcoin is decentralized. It needs to create a fixed number of bitcoins in each unit of computing time. It can get 12.5 bitcoins every 10 minutes. By 2140, there will be 21 million bitcoins in circulation. In other words, bitcoin system can be self-sufficient, which can be translated into coding to resist inflation and prevent others from sabotaging

extended data:

monetary characteristics

1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom

2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself

4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution

5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay

6. Cross platform mining: users can explore the computing power of different hardware on many platforms

4. Virtual currency, with no issuing authority, can make money by mining and transfer money. In some places you can buy things. In China, many instries have been extended, which are linked with MLM. Because of its low technical content and complex concept, it is easy to be used for brainwashing marketing. As a developer, I feel very sad. Bitby itself is a set of technical specifications, mainly to achieve a fair, safe and convenient way of trading. Now many small companies turn it into a tool for money collection
5. First of all, how much bitcoin can be exchanged for cash depends on the rules of that platform, that is, how many transactions you can limit.
6. Point to point transmission means a decentralized payment system. Bitcoin is not issued by 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. 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.
7. Bitcoin is the only currency in the world, ha ha
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