What is BTC coin
on September 15, 2017, huoyuan.com announced that registration and RMB recharge services will be suspended from now on, and all users will be informed before September 30 that they will stop trading. At the same time, all transactions of digital assets against RMB will be graally stopped before October 31
hotcoin.com said that it would stop trading virtual currency on October 31, 2017. In the future, the main layout of fire coin network is overseas transactions
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Fire coin is a bitcoin trading platform. As of the end of 2016, the accumulated turnover of fire coin reached 200 billion yuan
bitcoin is a virtual encrypted digital currency in the form of P2P
Bitcoin is different from all currencies. Bitcoin does not rely on a specific currency institution. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography 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 
extended information:
fire coin business
1. Fire coin global station, headquartered in Singapore, provides digital asset trading and investment services
2. The digital asset trading platform based on Korean won provides digital asset trading services
3, China, has become a platform for information and research in vertical chain of block chain, providing regional chain technology research and application information for Chinese mainland users, and integrates services such as instry consultation, research and ecation training. p> The company is headquartered in Beijing, China, providing digital asset management services and user experience
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
BTC CNY LTC means RMB transaction between bitcoin and Leyte, which supports the free exchange among bitcoin, Leyte and RMB.
every trading platform will have a price difference, generally not too much, because if the difference is too much, some people will transfer BTC from cheap platform to expensive platform to earn the price difference. This is called moving bricks.
for example, according to the opening price on July 29 of huoyuan.com, the value of a single currency is 281 yuan. A bitcoin is worth 18879.98 yuan
if you use bitcoin to price lightcoin,
at the opening of July 29, a lightcoin worth 281 yuan can be obtained by taking the price of lightcoin / bitcoin: 281 / 18879.98 = 0.0148< In other words, if you bid 0.0148 bitcoins,
someone will sell you a lightcoin. Currency transaction is to exchange one kind of blockchain assets for another, such as using BTC to buy LTC.