When was China's bitcoin trading platform established

1. bitcoin China, founded on May 20, 2011, is the oldest bitcoin exchange in the world and the largest trading volume exchange. Bitcoin China provides bitcoin and lightcoin trading, payment and mining services. Over the years, it has established a good reputation in the instry through safe and reliable services.

2. Bitcoin is a kind of virtual currency in the form of P2P. Point to point transmission means a decentralized payment system. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions

3. Proof of work. Block creation protocol, miners need to use their own computing power to try to create blocks. Once miners find a block, they will issue a short and fast verifiable proof that they have completed the work as a valid proof of the block. For example, bitcoin miners repeat hash block headers with different nonce values in the header until the output has enough zeros at the beginning of the hash output.

4. Bitcoin is a kind of electronic digital currency, which has just emerged in recent years. With the development of Internet finance, bitcoin is getting more and more attention, because bitcoin has many properties similar to gold, and has the characteristics of decentralized, tradable and other general digital currencies. Bitcoin can be traded and needs to be traded on a professional digital currency trading platform. Bitcoin's trading platforms in China are relatively standardized, with about three to five, and okcoin's trading platform has the largest trading volume and scale. You can go to their platform to learn more about the characteristics of okcoin platform, and then choose the most suitable platform for your trading.