Where to exchange digital currency

1.

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

2. The more famous ones are okex, Huangma hmarl, bitmex and so on. I use Huangma hmarl. In fact, there are many kinds of digital currency exchanges, mainly including legal currency trading, digital currency and digital currency derivatives trading, mainly currency trading. They all support 100 times high leverage and can be long or short, which is more suitable for bitcoin investors to hedge risks.

3. After the digital currency is sold, it is generally universal usdt, or OTC, which can be directly converted into legal currency, that is, RMB, which is not difficult to operate.

4. Digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. Digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form. The purchase of digital currency is usually through OTC platform, mainly through the direct purchase and sale of RMB in exchange for RMB. In short, it is: [currency selection], [selected], [registration], [verification], [recharge], [purchase]

warm tips: the above contents 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 28, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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5. At present, there is no digital currency in the world that can be directly converted into legal currency in banks. However, it can be exchanged for legal money on the platform supporting its transaction. Basically, the digital currency that claims to be able to exchange legal money directly in the bank is mostly pyramid scheme
the choice of digital currency investment depends on whether it has a good application scenario planning. Bitcoin has been recognized worldwide; Ethereum is an intelligent contract platform, and decent is a distributed content publishing platform based on blockchain technology.

6. There is no need to exchange it. It is the digital form of RMB. It's legal tender. It's compulsory circulation.

7. These days, the tricks of swindlers are emerging in endlessly. Be careful not to be cheated. Be careful not to make Wannian boat!

8. Digital currency cannot be cashed. Under the condition of no prohibition, the buyer can be found to convert into currency. It can also be sold to others for cash. No matter whether it goes up or down, the issuer is not responsible for cashing it for you. So digital currency is just a flower passing game.