Low price of bitcoin trading network

1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009 [1]. 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
the digital currency exchange is a centralized platform, which allows users to recharge the digital currency to the designated wallet address (the wallet created by the exchange) through web page, PC or mobile client, and then hang up the bill and sell the bill on the platform to realize the exchange between digital currencies. So far, there is no unified price for the development of digital currency exchange in the market. The development price is affected by various factors, and the quotation of different development companies will be different. If you want to know more about the price of digital currency exchange development, we suggest you consult a professional digital currency exchange development company

response time: December 16, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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2. You can do this, but the sold us dollars can't come back.
the domestic price is linked to btc-e. you can see by looking at the price of btc-e.

the reason why it's not linked to MT is that MT needs to go through at least two institutions if it sells money and wants to go back to China. The service charge is also very expensive and troublesome. Besides, it's very troublesome to withdraw cash in MT for identity authentication Why can btc-e make money like you think?
btc-e can be linked with China. There is an FX platform in China. LTC can transfer BTC to btc-e website and exchange it with LTC.
LTC can sell money on FX to get RMB. However, the price difference between btc-e and FX was eliminated two months ago. Now you can make money.

hope you can add me to QQ 4224.59155

3. Different trading platforms cannot be converted

4. 2015 is known as the first year of blockchain technology. Now, more than two years have passed since the bitcoin craze. People's enthusiasm for blockchain technology has not subsided. So, what is this mysterious blockchain technology

what is blockchain technology

in a narrow sense: blockchain technology is a kind of chain data structure composed of data blocks connected in sequence according to the time sequence, and it can not be tampered with and forged in the way of cryptography

broad concept: blockchain technology uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, and uses cryptography to ensure the security of data transmission and access It is a new distributed infrastructure and computing paradigm to program and manipulate data by using smart contracts composed of automated script code

Renhua: blockchain technology is a way for the whole people to participate in recording. In the blockchain system, everyone's records can be recorded and distributed to everyone in the system for backup. Such a decentralized way greatly improves the system security< br />


What are the benefits of blockchain technology

1. Blockchain technology is highly reliable

the design of blockchain enables it to effectively prevent failures and attacks. Because a blockchain is shared by a group of open users, even if a single node in the blockchain network fails, it will not lead to the loss of information on other nodes, the rest of the participants can still operate as usual, and the transaction transmission on the blockchain will not be affected

2. Blockchain is transparent

the transparency of the blockchain is that any data updates on the blockchain will be synchronized to the whole blockchain, and any data records on the blockchain network can be queried at each node. Blockchain eliminates the asymmetry of data and improves the trust between network nodes< br />


3. The records stored on the blockchain cannot be changed

unless more than 50% of the nodes in the blockchain change the same record, all data cannot be changed. This reces the risk of fraud in the transaction. Moreover, the stored records have the characteristics of irrevocability. When new data is written into a block, the newly generated block will be copied to all blocks in the blockchain. This process is irreversible, so the blockchain has the characteristics of irrevocability. This improves the accuracy of the transaction, simplifies the data processing process, and reces the cost of keeping the original data and transaction traceability

5. Because bitcoin can be freely circulated among trading websites around the world, once there is a price difference, there will be professional brick movers trading between exchanges to earn the price difference. So the price of each trading website will be almost the same.

6. Generally speaking, this problem is caused by the disunity of trading platforms. Affected by the speed of recharge and cash withdrawal, some platforms have slow cash withdrawal speed, and players only have more in and less out on this platform, so the transaction price on this platform will be higher than other platforms. And some platforms recharge slowly, supply and demand imbalance, buy less and sell more, so the price is naturally lower. At present, there is only one relatively balanced trading platform between the two, that is, bitbao. Because this platform is enterprise type, with high security series, immediate recharge and cash withdrawal within 24 hours, its price is relatively stable.

7. In the transaction of bitcoin or other commodities, the price is determined by the buyer and the seller. Therefore, there are different prices for the same commodity in different places.

8. The price of cabbage varies in different regions. Of course, the withdrawal of currency is the main reason for the price difference. It's like restaurants that can invoice and restaurants that can't invoice.

9. Bitcoin, as a virtual commodity that is not uniformly issued and priced, has value when someone invests in it. The reason why bitcoin is so popular is that it has no credit guarantee and legal compensation ability. It must involve many institutional investments or contracts to endorse. At most, it is an electronic investment target hyped by speculators, similar to spot commodity transactions, Some platforms even engage in this kind of speculative trading for a commodity, such as wine, vegetables and fruits, which is non compliant and unprotected, and there is no standard fair market price. We can't rule out the speculation of other digital commodities in the future. Trading websites are all local matchmaking platforms, lack of close linkage, and the price gap continues to narrow over time. Just like there is arbitrage space in foreign exchange transactions between different countries, but the global foreign exchange matching information is very transparent, and the opportunity to capture the spread is very small. Bitcoin has no regulation and no legal protection. It is an ordinary commodity transaction. The price fluctuation is a market behavior, and the risk is entirely on its own