What is PMD digital currency
digital currency is an alternative currency in the form of electronic currency (which can be used for real goods and services transactions)
digital currency has the main characteristics of network packets. This kind of data packet is composed of data code and identification code. The data code is the content we need to transmit, while the identification code indicates where the data packet comes from and goes
based on the characteristics of digital currency, the direct benefit of digital currency to the central bank is not only to save the cost of note issuance, circulation and settlement, but also to enhance the central bank's ability to control funds
Electronic money and virtual money are called digital money. According to the definition of the European Central Bank, virtual money is issued by non central banks, credit institutions and e-money institutions, which can be used as the numerical expression of the value of currency substitutes in some cases{rrrrrrr}
extended information:
the process of digital currency trading through the platform is as follows:
(1) investors should register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time
(2) users can buy and sell digital currency with the money in their cash account, just like buying and selling stocks and futures
(3) the trading platform will sort the buying requests and selling requests according to the rules and start to match them. If they meet the requirements, the transaction will be concluded
(4) e to the difference between the buy and sell volumes submitted by users, a buy or sell request may be partially executed
is suspected of financial pyramid selling,
is not protected by law,
it is recommended not to participate,
in order to avoid economic losses.
As a blockchain digital currency practitioner to answer:
just two days ago, someone asked the same question as you. If you encounter a problem, you should understand it first. If you don't understand it, you can look up information online or ask online, but you can't just encounter your own knowledge blind area and think that it's either pyramid selling or fraud
PMD now belongs to the secondary market trading currency, which can make money according to the market
PMD now belongs to the secondary market trading currency, which can make money according to the market