Bitcoin legal currency transaction and currency currency transac
It is based on bitcoin protocol, but different from bitcoin, even at the present stage, it can "mine" efficiently through consumer hardware. Liteoin provides you with faster transaction confirmation (2.5 minutes on average). It uses hard memory and mining workload proof algorithm based on scrypt (an encryption algorithm). It is oriented to ordinary computer and graphics processor (GPU) used by most people. The litecain network is expected to proce 84 million currency units
one of the design purposes of litecoin is to provide a mining algorithm, which can be run simultaneously on the bitcoin mining machine. With the rise of application specific integrated circuits (ASIC) designed for bitcoin mining, litecoin is also closely following the technological evolution. But before the widespread use of litecoin currency, it is unlikely that there will be an application specific integrated circuit (ASIC) specially designed for litecoin
related website community official website of litecoin official forum of litecoin China community

with the increase of the types of digital currency and the graal expansion of the scope of application, the traditional legal currency trading has been difficult to meet the investment needs of investors, and more investors began to choose the currency trading as the investment mode. As the name suggests, currency transaction is a kind of transaction that can realize the exchange between digital assets. It allows users to invest in digital currency in a more convenient and economical way without increasing investment
in a sense, currency trading can give full play to capital utility. In image, if the decline of currency a and the rise of currency B can be predicted within a certain period of time, investors can make profits from the decline of currency a and the rise of currency B through a / b transaction, so as to improve the investment income. In addition, if the digital money market falls across the board, investors can also rece losses and ensure asset safety through usdt (digital currency linked to the US dollar) trade to trade
on the other hand, e to regulatory factors, some local governments have explicitly prohibited financial institutions from providing banking services for cryptocurrency business, or prohibited the exchange of digital currency into legal currency in the region. In other words, the digital currency to legal currency transaction will not be smooth in some scenarios, and the currency transaction can be used as an alternative for users to choose
therefore, the transaction volume of currency transaction has exceeded that of legal currency transaction. Of course, whether it's recharge buying currency or currency trading, it's a means of investment; The final return on value should be reflected through the exchange of legal currency. Investors can exchange through the exchange of legal currency or C2C trading
currency transaction can directly realize the exchange between digital assets, which is convenient and fast. The economic cost and time cost are relatively low, and there is no need to increase investment. However, the currency transaction does not support the recharge of legal currency. You need to buy the base currency before you can participate in the transaction, which may be a little difficult for beginners
warm tips: the above information is for reference only and does not constitute any investment proposal. Investors should not use such information to replace their independent judgment or make decisions only based on such information, and does not constitute any trading operation
investors should be fully aware of the investment risks, invest prudently, and on the basis of fully understanding and clearly knowing the risks contained in the procts, decide whether to participate in the transaction through their own judgment, and voluntarily bear the relevant risks
response time: December 11, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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