What's the meaning of 5btc on hotcoin

1.

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

2.

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

3.

TEDA coin (usdt) is a token launched by tether company, which is based on the stable value currency US dollar (USD). 1 usdt = 1 US dollar. Users can use usdt to exchange 1:1 with USD at any time

tether company strictly abides by the 1:1 reserve guarantee, that is, every usdt token issued, its bank account will have a capital guarantee of $1. Users can query funds on the tether platform to ensure transparency

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extended data:

the functions of usdt are as follows:

1. Avoiding the overall risk of decline

in currency trading, there are three common situations, taking LTC / BTC trading as an example:

after buying LTC with BTC, BTC and LTC are both rising, and you enjoy two profits

after buying LTC with BTC, BTC and LTC will rise and fall one by one. Your income depends on the rise and fall of the two currencies, which is bigger. Only if the increase of any one is greater than the decrease of the other, can we make money. Anyway, it's a loss. If the fluctuation is equal, there will be no profit or loss

after buying LTC with BTC, both currencies are falling in extreme market, so you need to bear two losses. This is often the most frustrating

but with usdt, when the currency price falls, you can immediately change the currency into usdt, so as to ensure that your assets will not shrink

The reverse operation of digital currency withdrawal is very simple. Usdt company says that investors can transfer US dollars to the bank account of tether company through swift or exchange usdt through bitfinex exchange

if you make a lot of profits and want to withdraw cash, you can first convert your currency into usdt, and then convert it into US dollars through tether or other platforms. Here you can find that if you complete the authentication of usdt company, you can trade directly on other currency trading platforms that do not need authentication, and you do not need to authenticate other platforms again

4. BTC refers to bitcoin, LTC refers to litecoin, and CNY refers to people's currency

BTC CNY LTC means RMB transaction between bitcoin and Leyte, which supports the free exchange among bitcoin, Leyte and RMB.

5. Intercommunication, can use these several currencies to purchase the corresponding currency in front!

6. For example, bitcoin and lightcoin are priced in RMB
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 Leyte, you can get a price of 281 yuan at the opening on July 29, and take the price of Leyte / bitcoin: 281 / 18879.98 = 0.0148
that is to say, if you bid 0.0148 bitcoin, someone will sell you one. Currency transaction is to exchange one kind of blockchain assets for another, such as using BTC to buy LTC.

7. Because there are more people trading on a certain platform, there will be a price difference. For example, if more people buy money on fire coin, the price will be higher. If more people sell money on fire coin, the price will be lower
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.

8. The teacher is very serious, ha ha, but don't ask questions in class. The next day, they will come out the courseware of the day before, which can be downloaded to learn. Generally speaking, they are a group of people who work hard.

9.

The price and quantity of purchase can be set in the price limit. Only the amount of RMB purchased can be entered in the market price column. The minimum bitcoin purchase of fire coin is 0.00000 1

according to the market price (71193.96usdt / BTC), it is 0.01018511 usdt. Once the balance of your usdt account is less than this number, it shows that the available quantity is insufficient

extended data

fire coin said it would stop virtual currency trading on October 31, 2017. In the future, the main layout of fire coin network is overseas transactions. As of the end of 2016, the accumulated turnover of fire currency reached 200 billion yuan

fire coin is a bitcoin trading platform, which has won a round of 10 million RMB capital investment from Zhenge fund, Dai Zhikang, Sequoia Capital (shareholders of many global well-known companies such as apple and Alibaba). Fire coin implements strict risk control management and operates stably

According to the announcement, the registration and RMB recharge business 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

this is displayed in the usdt trading area, which means that you don't have enough usdt to buy bitcoin. BTC / usdt means buying BTC with usdt, so your usdt stock depends on how much BTC you can buy< br />

10. You can buy other currencies, or you can buy and sell contracts