Bitcoin China official website

1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. 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. Fire coin network, okcoin and coin security network are the three major bitcoin trading platforms in China. Due to the high risk of bitcoin trading, it is recommended to choose carefully for users with immature investment experience

warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: January 11, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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2. 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.

3.

This situation must be timely feedback to customer service, to retrieve

if bitcoin is stored in the account of the exchange, all the coins are in the big account of the exchange. If the exchange stops trading or goes bankrupt, all the coins belong to the actual controller of the exchange (the person who has the key of the big account)

therefore, if there are official problems in the exchange, we must contact the official customer service in time to retrieve them. In addition, digital assets, blockchain and other technologies will have unpredictable effects, and problems in the development process need to be standardized

extended information:

people who really own bitcoin do not store them on the Internet, but store them on the hard disk. Bitcoin's code is open source, which means that technicians can modify the code to proce a continuous stream of virtual currency

which breaks through the "limited amount" attribute of bitcoin. These virtual currencies can be exchanged with fiat currencies. For example, bitcoin can be exchanged into yen, and yen can be exchanged with almost all fiat currencies in the world

in this case, if the number of virtual currencies increases arbitrarily, there will be problems in the whole international monetary system. Therefore, on September 4, 2017, the central bank stopped the exchange function of the token trading platform, especially the exchange function with legal tender

4.

1. Open a browser to search for "bitcoin"

5. Bitcoin has been approved by the international station, but China has no official approval for virtual bitcoin, and does not deny the existence of certain risks.

6. As early as the rise of digital currency, some digital currency trading platforms have launched bitcoin based futures contracts. For example, crypto facilities, the UK digital currency exchange, has launched four types of bitcoin contract futures with different maturities. This year, crypto facilities has also provided four cryptocurrency derivatives trading contracts, including bitcoin (BTC), XRP, Eth and LTC

in 2014, bitmex, a well-known digital currency futures exchange in the United States, was established. According to its official website, the contract price of bitmex is determined by the average price of other exchanges. At the same time, the leverage ratio of the exchange can be arbitrarily selected between 1.01 and 100 times. In China, the futures contracts of digital currency trading platform also emerged in 2014. The first one was an exchange giant named bitnet. Then OK and fire coin, which are well known to people, quickly launched similar procts.

7. 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.