What is the legal currency in digital currency

1. These are all virtual currencies, but they have been torn down. They are all scams. They are illegal fund-raising to cheat other people's money.

2. Simply put, it is to buy bitcoin directly in RMB. If you want to experience it, I suggest you go to the okex exchange to have a try. In addition to legal currency transaction, okex also has currency transaction, that is, exchange currency for currency. I'm glad you've accepted my answer

3.

Legal currency is the abbreviation of "legal currency" or "legal compensation currency", which is the currency given by the state in the form of law for compulsory circulation. Among them, the main coin is the unlimited legal compensation coin, which can be cast freely; The subsidiary currency is the compensation currency of limited law, which is restricted by the state

Legal currency is the name of currency in circulation in old China from November 4, 1935 to August 19, 1948. In old China, the silver standard system was adopted for a long time. Before "Abolishing the two systems and changing them into yuan" in April 1933, it was actually the combination of silver and yuan“ Although the currency was unified, the financial and economic difficulties of the Kuomintang government were not solved. In order to control the monetary power of old China, Britain and the United States launched a fierce struggle

At the beginning of 1948, prices in Peiping soared. "To buy an egg, you need 24 Jin of French currency (the currency in circulation at that time)," to buy a jin of corn flour, you need 100 Jin of French currency. The French currency is two miles and a half from the beginning to the end, and you can buy a foot of coarse cloth. Compared with the previous year, the price of grain has increased 149 times. " The price of rice, flour and cereals went up crazily, and people's life went from bad to worse

In August, the soaring prices have far exceeded the affordability of the people. In order to alleviate the crisis, the national government decided to issue gold coupons. However, it backfired. Not only did prices fail to stabilize, but the gold dollar coupon became more and more worthless, and the people fell into despair again

at this time, silver yuan became popular, and silver yuan trading markets appeared in Qianmen, Xuanwumen, Dongdan, Xisi, Gulou and other places. There are also many silver dealers in the street, who are jingling and shouting "buy two, sell two"

4. When you buy currency with RMB, it is in the legal currency account. When it needs to be realized, it also needs to be transferred from other accounts to the legal currency account.

5. Too many, pure quartz veins! There are more geologists, big ones.

6. Because digital currency is endowed with value, its value is measured by the value of legal currency. At present, although the exchange supports the withdrawal and exchange of digital currency, there are still limitations. Dabit exchange can be said to have further changed the relationship between digital currency and legal currency in a way, making the exchange between digital currency and legal currency faster and more secure without geographical restrictions.

7. Legal currency transaction can use legal currency, such as RMB and US dollars to buy bitcoin, which is convenient and safe.

8. The traditional cryptocurrency trading platform has only legal currency trading, that is, legal currency to digital currency trading. If you want to buy other digital currencies, you can either increase investment and directly recharge the legal currency for purchase; Or exchange the previous digital currency back to legal currency, and then use this fund to purchase other required digital currencies. This kind of exchange method increases the economic and time cost of investors
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
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html