Can't digital currency buy US dollars
ways to purchase digital currency:
at present, digital currency is more like an investment proct. Due to the lack of a strong guarantee institution to maintain its price stability, its role as a measure of value has not yet appeared, nor can it be used as a means of payment. As an investment proct, the development of digital currency is inseparable from trading platforms, operating companies and investors
trading platforms play the role of trading agents, while some play the role of market makers. The profits of these trading platforms come from the current expenses and premium income of investors trading or holding digital currency
1. Investors need to register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time
2. Users can use the money in their cash account to buy and sell digital currency, just like buying and selling stocks and futures
3. The trading platform will sort the buying and selling requests according to the rules and start matching. If the requirements are met, the transaction will be completed
4. Due to the difference between the trading volume submitted by users, the trading request can be partially executed
take RBM operated by professional operation company opencoin as an example: ripple protocol was originally designed based on payment method, and its design idea was based on acquaintance relationship network and trust chain. Using ripple network for remittance or loan, the premise is that the payee and the payer must be friends or have common friends. Otherwise, the trust chain between users and other users cannot be established, and the transmission cannot be carried out
extended information:
the characteristics of digital currency are as follows:
1, low transaction cost
compared with traditional bank transfer, remittance and other methods, digital currency transaction does not need to pay fees to the third party, and its transaction cost is lower, especially compared with the cross-border payment of high handling charges to payment service providers
2, fast transaction speed
the blockchain technology used in digital currency has the characteristics of decentralization, and it does not need any centralized organization similar to the clearing center to process data, so the transaction processing speed is faster
3, high anonymity
in addition to the physical form of currency can achieve peer-to-peer transactions without intermediary participation, one of the advantages of digital currency compared with other electronic payment methods is that it supports remote peer-to-peer payment, and it does not need any trusted third party as intermediary
both sides of the transaction can complete the transaction in a completely strange situation without mutual trust, so they have higher anonymity and can protect the privacy of the traders, but at the same time, they also create convenience for cyber crime, which is easy to be used by money laundering and other criminal activities
Hello, according to your question, at present, there is no saying that RMB can buy digital currency, so this should not happen
bitcoin, and its high price is normal. Central affairs contract
conditions and regulations for purchasing foreign exchange:
the scope of purchasing foreign exchange by domestic indivials: Chinese citizens holding resident ID card, military ID card and armed police ID card of the people's Republic of China
purpose of purchasing foreign exchange: study abroad at one's own expense (tuition and living expenses), travel abroad, business inspection, visiting relatives, overseas medical treatment, pilgrimage, overseas training, employed work, international exchange, overseas settlement, expatriate labor service, overseas mail order fee, payment of membership es of international organizations, assistance for overseas immediate family members. It also includes foreign exchange purchase under current items such as overseas consultation, other service trade fees, goods trade and related fees
foreign exchange purchasing currency:
foreign exchange purchasing currency can be any of nine freely convertible foreign currencies: US dollar, Hong Kong dollar, Japanese yen, euro, British pound, Australian dollar, Canadian dollar, Singapore dollar and Swiss franc
quota management:
(1) according to the annual total amount management, each person can purchase the equivalent of 50000 US dollars (inclusive) per year with his valid ID card
(2) for the purchase of foreign exchange in excess of "annual total amount of US $50000", the outlets need to review the required real demand voucher, and handle it according to the actual demand amount indicated in the voucher, without amount limit. The purchase of foreign exchange within the annual total amount can be handled only with my legal identity card; If the annual total amount of foreign exchange purchase needs to exceed the equivalent of US $50000, it is suggested that you can provide specific purpose of foreign exchange purchase, so as to provide you with detailed supporting materials
e to the slight differences in different regions, you can directly consult the local 95588 for the specific regulations and network information.