Can digital currency trade be sold short

1. From a professional point of view, toobi is a large-scale blockchain digital currency trading platform. You can have a look at it

2. It is illegal to buy and sell digital currency in China
according to the announcement on preventing the financing risks of token issuance jointly issued by the central bank and other seven ministries and commissions, the announcement points out that any so-called token financing trading platform shall not engage in the exchange business between legal tender and token and "virtual currency", and shall not buy or sell tokens or "virtual currency" as a central counter party, It is not allowed to provide pricing, information intermediary and other services for token or "virtual currency"
the announcement points out that token issuance financing refers to the so-called "virtual currency" raised from investors through the illegal sale and circulation of tokens. In essence, it is an unauthorized illegal public financing behavior, suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal criminal activities<
extended information:
the central bank said that the so-called "digital currency" in the market is not legal digital currency:
the central bank's gold and silver Bureau issued a "risk warning on issuing or promoting digital currency in the name of the people's Bank of China" on its official website, saying that recently, indivial enterprises falsely used the name of the central bank and labeled relevant digital procts as "authorized issuance of the people's Bank of China", Or they falsely claim that the central bank's digital currency promotion team is trying to deceive the public and make huge profits
the central bank said that the central bank has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency. The central bank also suggested that the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud
in fact, virtual currencies such as bitcoin and lightcoin are representatives of the so-called digital currency. The central bank said in 2016 that it was studying China's legal digital currency. Yao Qian, director of the digital currency Research Institute of the people's Bank of China, previously told the media that the prototype scheme for the central bank to issue legal digital currency has completed two rounds of revision, and is expected to be tested in relatively closed application scenarios such as the bill market in the future, but there is no clear timetable for its launch
reference source: Xinhuanet - has anyone issued digital currency in the name of the central bank
source of reference: China Securities Regulatory Commission - Announcement on preventing financing risks of token issuance

3. Buy more to build a position refers to multi position, can also be called bullish, buy a currency, bullish
short selling to build a position refers to selling a position, which can also be called short interest, selling a certain currency and being bearish. Some people call it long or short. Short selling mechanism is to borrow other people's shares to sell in advance when the market is going to fall at a high level, and then buy them back at a low level and return them to the borrower to close the position to make a profit. It is the reverse operation of the current buying stock to make a profit by rising. Because it makes a profit by falling, it will attract a large number of funds to short in the bear market.

4. Brief introction: Chongqing fenlis Cultural Media Co., Ltd. was established on September 1, 2014. Its main business scope is to undertake approved cultural and artistic exchange activities
legal representative: Liu Yiling
time of establishment: September 1, 2014
registered capital: RMB 80000
Instrial and commercial registration number: 500107004320957
enterprise type: limited liability company
address: no.99-80, Kuangji village, Jiulongpo District, Chongqing

5. Contract trading is a kind of financial derivatives of digital currency. Users can make profits by judging the direction of rise and fall and choosing to buy long or short contracts. It's a very powerful trading platform.

6. Okcoin and fire money support short selling, 796 can also, other sites do not need to consider.

7. Several short funds submitted for approval according to the latest fund raising application publicity form of China Securities Regulatory Commission, huitianfu reported three leveraged ETFs, namely, two times forward of CSI 300, one time reverse of CSI 300 and two times reverse of CSI 300, which have been accepted recently. This is the first batch of ETFs containing short leverage in the instry
since the advent of stock index futures, the advent of positive and negative multi leverage ETF will usher in a complete era of long short coexistence in A-share market. GF China Securities 500 index long short graded fund has recently been authorized by the exchange and reported the application. This fund is the first China Securities 500 long short graded proct in China, which introces the short mechanism in the long mechanism
gf-csi 500 fully replicates and tracks CSI 500 index, adopts the multi short hierarchical mode in hierarchical operation, divides the basic shares into multi-party double income shares and short party double income shares, and trades, splits and merges in Shenzhen Stock Exchange, and the fund share ratio of multi-party double share and short party double share always keeps the same ratio of 2:1. In this way, investors can not only leverage investment, but also reverse short operation
"compared with the current threshold of 500000 yuan for stock index futures and 50000 yuan, 100000 yuan and 1 million yuan for asset management procts of securities companies, it only takes about 100 yuan for long short graded funds to trade in the secondary market, so that small and medium investors can participate in short hedging.

8. Virtual currency only bitcoin can be traded in a few exchanges. It seems that only four exchanges in the world recognize it.

the others are liars.
the Chinese government denies the legality of all virtual currencies (including bitcoin). Commemorative currency only recognizes the legality of the central bank, and everything else is illegal