Transaction time of blockchain digital currency

1. Currency transaction
currency transaction is mainly aimed at the transaction between digital currency and digital currency, in which one currency is used as the pricing unit to purchase other currencies. The currency transaction rule is also to complete the matching transaction according to the price priority and time priority
C2C transaction
both sides of the transaction release the transaction information of buying or selling currency on the C2C transaction platform according to the demand. The buyer and the Seller shall make payment according to the reservation. When the transaction is completed offline, the platform, as an intermediary, charges a certain percentage of the handling fee from each successful transaction
OTC OTC trading
is a set of offline purchase digital currency platform independent of the exchange. Anyone can publish purchase / sale advertisements on the platform. The purchase / sale users can purchase / sell through offline transfer. After the transfer, the platform will transfer the frozen digital currency to the buyer.

2. This kind of digital currency platform may involve cross-border transactions, which is illegal in China. The state has been cracking down on it. Financial security has been raised to an unprecedented height. There is no guarantee for capital security on the platform. This kind of transaction is highly leveraged, which is actually the most difficult and difficult to make money. It is better for non professionals not to participate and try with their hard earned money, It's not so easy to make money. Don't listen to others; In any instry, the more you know, the more professional you will be able to earn. It's just that it's possible. This kind of leverage game has great mental pressure and is prone to various physical problems

3.

As of May 2020, blockchain and digital currency are illegal in China

according to the announcement of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the risks of token issuance and financing, Article 2 no organization or indivial shall illegally engage in token issuance and financing activities. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects

Article 3 strengthen the management of token financing trading platform

from the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal currency and token and "virtual currency", and shall not buy or sell token or "virtual currency" as a central counter party, and shall not provide pricing for token or "virtual currency" Information intermediary and other services

extension data

"illegal financial institutions and illegal financial business activities ban" stipulates that:

eleventh, the criminal suspect, funds and property involved in illegal financial institutions and illegal financial activities, and the public security organs shall take compulsory measures according to law to prevent suspect from escaping and transferring funds and property. p>

Article 12 the people's Bank of China shall, after investigation and confirmation, make a decision to ban the illegal financial institutions and financial business activities, declare them illegal, order them to stop all business activities, and make an announcement

Article 13 if the people's Bank of China discovers that a financial institution opens an account, handles settlement and provides loans for an illegal financial institution or illegal financial business activities, it shall order the financial institution to stop the relevant business activities immediately. No unit or indivial may use the relevant funds without authorization

4. There are many of the best blockchain digital currency trading platforms in China. Please pay attention to the distinction. Foreign ones can also be used.

5. Contract transaction refers to an agreement between the buyer and the seller to accept a certain amount of certain assets at a specified price at a certain time in the future. The trading object of contract trading is the standardized contract formulated by the exchange. The exchange specifies the standardized information such as the commodity type, trading time and quantity. The contract represents the rights and obligations of both parties
to put it simply, we should make an appointment to trade a certain amount of certain goods at a certain time and place in the future.

6. You can log in to the official websites of digital currency exchanges such as fire coin, coin security, biter, etc. Recently, the price fluctuation of bitcoin market is very small, basically in a horizontal state. Experts predict that bitcoin is bottoming out, so we might as well wait and see. If you learn to fry coins, acetoken, a quantitative robot, can learn about it.

7. As for the so-called bitcoin, it is not protected by law now, so it can not be purchased because there are some illegal means to raise funds and operate illegally.

8. Many, generally choose foreign, domestic can't trade.

9. Trading in the exchange, then there will be people buying and people selling in the exchange, so it is mainly in the hands of traders to move back and forth.