Can digital currency be converted into cash

1. At present, WeChat and Alipay are called electronic payment, which are not digital money, and can not completely replace cash
there are also virtual currencies, such as Q currency. These are virtual currencies, purchased directly in cash
in short, digital currency is an electronic currency that can replace currency. At present, digital currency is not regulated, there is no endorsement of national credit, and it is not issued by central banks or authorities, but it is used by members in specific virtual communities, such as bitcoin.

2. 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.

3. BV, a kind of digital currency, can't withdraw cash. If we need to negotiate with the platform, it should be something wrong with the platform. There are several situations in which the platform does not allow users to withdraw cash:
1. The platform is stolen and there is no currency that allows users to withdraw cash
2. The platform misappropriates customers' funds
3. The platform is going to make money
4. There are technical problems in the platform
5. The platform is attacked
recently, Xigu platform encountered this situation, however, because of technical reasons.

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

5. As of 2007, the world's top 500 enterprises settled in Tianjin

Finance: Citibank, Morgan Stanley Investment, JPMorgan Chase Bank, Standard Chartered Bank, HSBC, BNP Paribas, Credit Agricole, Societe Generale, Commerzbank of Germany, Mizuho bank, Sumitomo Mitsui bank, Mitsubishi UFJ Bank, Netherlands International American International, Zhongli, standard life, Samsung Life under Samsung
Trade Logistics: Porsche Volkswagen logistics center, Dow Chemical Logistics Center, Ge leasing, Mitsui procts, Mitsubishi, Itochu (7 & 11), Wal Mart, Cuifeng, Carrefour, Jiadebao, SHV, Metro, AEON
transportation: Maersk, Lufthansa, Ana, JAL Korean Airlines, UPS, DHL, TNT, FedEx (Daejeon)
chemical: BASF, AkzoNobel, Henkel, P & G, GlaxoSmithKline, aisanya
Machinery: Caterpillar, United Technologies (OTIS), Honeywell, John Deere, Schlumberger, Halliburton, Boeing, EADS (Airbus), Hitachi, ALSTOM, Siemens Emerson Process
Electronics: Panasonic, Ricoh, IBM, Seiko Epson, Canon, Fuji optical machinery, Fujitsu, Motorola, Samsung, LG, Microsoft, abb electric, Schneider Electric
human resources: Wanbao Shenghua
automobile: Toyota, Continental, Bridgestone, Honda, Denso, Aisin precision machinery, Magna
food: Kraft, Nestle, Coca Cola Pepsi, InBev, Sally, Bangqi, Altria

in 2007, TEDA is one of the world's top 500 enterprises in TEDA
TEDA has attracted a large number of multinational enterprises representing the world's most advanced proctive forces. As of March 2007, a total of 59 multinational companies from 10 foreign countries and regions have invested in 129 enterprises in TEDA<

enterprise name
Toyota Motor Co., Ltd.
Mitsubishi Corporation
Mitsui & Co., Ltd.
Itochu Corporation
Sumitomo Corporation
Marubeni Corporation
Honda Motor Co, Ltd.
Matsushita Electric Instrial Co., Ltd.
nissho Iwai, a Japanese company
Canon Inc.
Daiei, Inc.
Denso Corporation
Toyota Tsusho
Aisin Seiki, a Japanese company
Sanyo Electric Co, Ltd.
Idemitsu Kosan
Bridgestone
Sekisui
Nippon Yusen
NEC
Mitsubishi Chemical
Kyocera
nimbus All medicine rimil
Nomura Securities
Kawasaki heavy instries
IBM
International Business Machines Corporation
Exxon Mobil
Altria group
Motorola, Inc.
PepsiCo, Inc.
Honeywell, Inc.
the Coca Cola Company
Emerson Electric Co.
Halliburton Co.
Deere & Company
Tyco international
Eastman Kodak
United Technologies
Emerson Electric
chevron
At & T
Volkswagen AG, Germany
Bosch Robert Bosch
continental
Samsung Electronics Co., Ltd.
Hyundai Motor Company
LG International Co.
Pohang Iron & Steel Co, Ltd.
Akzo Nobel
Dutch trading SHV holdings
Flextronics International Ltd.
Alcatel Co.
Lafarge group
Schneider Electric
HSBC Holding
GlaxoSmithKline, Inc.
Nestl é SA
ASI bramble farry ABB Group
Hon Hai Precision Foxconn

list of top 100 enterprises in TEDA in 2006
ranking enterprise name ranking enterprise name
1 Motorola (China) Electronics Co., Ltd. 51 Tianjin Xingyun (Group) Co., Ltd.
2 Tianjin FAW Toyota Motor Co., Ltd. 52 sew instrial recer (Tianjin) Co., Ltd
3 Tianjin Samsung Communication Technology Co., Ltd. 53 Meike international furniture (Tianjin) Manufacturing Co., Ltd.
4 Tianjin Jinya Electronics Co., Ltd. 54 Tianjin Donghai physicochemical Auto Parts Co., Ltd.
5 Freescale Semiconctor (China) Co., Ltd. 55 feibida electronic components (Tianjin) Co., Ltd.
6 Tianjin Samsung electronic display Co., Ltd. Tianjin TEDA Investment Control Co., Ltd Tianjin Tongguang Samsung Electronics Co., Ltd. 57 general semiconctor (China) Co., Ltd.
8 Tianjin Samsung Electronics Co., Ltd. 58 Tianjin Yamaha Electronic Instrument Co., Ltd.
9 Tianjin Samsung optoelectronics Co., Ltd. 59 Tianjin Shuangye xiezhan Machinery Co., Ltd.
10 Tianjin TEDA Construction Group Co., Ltd. 60 Bridgestone (Tianjin) Tire Co., Ltd.
11 Tianjin Samsung vision Co., Ltd.
12 sew transmission equipment (Tianjin) Co., Ltd.
62 Agricultural Bank of China Tianjin Economic and Technological Development Zone Branch
13 Samsung high tech motor (Tianjin) Co., Ltd.
63 Tianjin Sanyo communication equipment Co., Ltd.
14 bank of China Co., Ltd Tianjin Binhai Branch 64 Tianjin Jun'an coal coke chemical Co., Ltd.
15 Tianjin Yingtai Automobile Accessories Co., Ltd.
65 Tianjin dingzheng printing packaging material Co., Ltd.
16 Tianjin Taida Group Co., Ltd.
66 Dacheng Wanda (Tianjin) Co., Ltd.
17 Tianjin Jinqiao Welding Material Group Co., Ltd.
67 Zhengda Group (Tianjin) Instrial Co., Ltd.
18 Jun'an (Tianjin) Instrial Co., Ltd Ltd.
68 Butler (Tianjin) Co., Ltd.
19 Tianjin Samsung vision Mobile Co., Ltd.
20 Tianjin Electronic Equipment Co., Ltd.
70 Tianjin unified instry Co., Ltd.
21 ROM semiconctor (China) Co., Ltd.
71 Kyocera (Tianjin) Trading Co., Ltd.
22 Yaguang Nepro precision injection molding (Tianjin) Co., Ltd.
72 Tianjin Nanqiao Oil Co., Ltd.
23 Tianjin Dingjin Food Co., Ltd.
73 Tianjin Zhengda feed Technology Co., Ltd.
24 PPG coating (Tianjin) Co., Ltd.
74 Tianjin steel pipe engineering equipment and materials Co., Ltd.
25 Tianjin CIMC Beiyang container Co., Ltd.
75 Tianjin Alps Electronics Co., Ltd.
26 Schneider Electric low voltage (Tianjin) Co., Ltd.
76 Tianjin haoan mining Co., Ltd.
27 Tianjin Samsung Motor Co., Ltd.
77 Samsung Aishang (Tianjin) International Logistics Co., Ltd.
28 novozyme (China) Biotechnology Co., Ltd.
78 Tianjin Toyota Logistics Co., Ltd.
29 Aisin (Tianjin) body Parts Co., Ltd.
79 modern Gaoxin Electronics (Tianjin) Co., Ltd.
30 Tianjin Binhai Development Investment Holding Co., Ltd 80 Tianjin COSCO Guanxi coating Chemical Co., Ltd.
31 China Construction Bank Tianjin Economic and Technological Development Zone Branch 81 GlaxoSmithKline (Tianjin) Co., Ltd.
32 Herbie (Tianjin) Electronics Co., Ltd.
82 Honeywell (Tianjin) Co., Ltd.
33 instrial and Commercial Bank of China Tianjin Economic and Technological Development Zone Branch 83 Tianjin Aksu Nobel peroxide Co., Ltd.
34 Tianjin Jinbin Development Co., Ltd. 84 jpower Technology (Tianjin) Co., Ltd.
35 Novo Nordisk (China) Pharmaceutical Co., Ltd. 85 Sidis (Tianjin) Electronics Co., Ltd.
36 Tianjin Development Zone Fulin Development Co., Ltd. 86 Jinliang (China) Co., Ltd.
37 spiker cooling technology (Tianjin) Co., Ltd. 87 kelixin Electronics (Tianjin) Co., Ltd.
36 />38 AkzoNobel coatings (Tianjin) Co., Ltd. 88 Foxconn (Tianjin) Precision Instry Co., Ltd.
39 Agricultural Bank of China Tianjin Tanggu Branch 89 Metso mining machinery (Tianjin) Co., Ltd.
40 Beihai grain and oil instry (Tianjin) Co., Ltd. 90 Tianjin 712 communication Broadcasting Co., Ltd.
41 Tianjin Coca Cola Beverage Co., Ltd. 91 Tianjin Economic and Technological Development Co., Ltd District mechanical and electrical equipment company
42 civil engineering company of China Construction Sixth Engineering Bureau 92 Tianjin Sanhuan Lexi new materials Co., Ltd.
43 Tianjin Fuji Tongtian Electronics Co., Ltd.
93 Tianjin Wantong fashion Property Co., Ltd.
44 Tianjin Jinzhu automobile wiring harness Co., Ltd.
44 Tianjin Aida automatic transmission Co., Ltd.
45 Tianjin lejin Dagu Chemical Co., Ltd.
95 days Jinlitong carbon procts Co., Ltd.
46 Tianjin YAZAKI Auto Parts Co., Ltd.
96 Tianjin Development Zone Jinpeng plastic profile Manufacturing Co., Ltd.
47 John deer tiantuo Co., Ltd.
97 Tianjin Stanley Electric Co., Ltd.
48 Tianjin rolling three logistics Co., Ltd.
49 Tianjin TEDA Jinlian Electric Power Co., Ltd.
99 Tianjin Binhai Energy Development Co., Ltd.
50 Tianjin World supermarket chain Co., Ltd. 100 Tianjin Meihe Instrial Development Co., Ltd

6. I don't know what you mean by OBB digital currency. The advantages of bitcoin are: it won't be frozen, it can't be tracked, it doesn't need to pay taxes, and the transaction cost is extremely low. Compared with people who speculate in currency, it is wealth, and people outside the currency circle may think it is a fraud
bitcoin is a relatively mainstream digital currency, which can be properly invested. There are risks in the transaction. You can invest cautiously. You can search the fire coin, coin security, OK, dobby trading platforms on the Internet, which can trade bitcoin. These are relatively large trading platforms. Invest in mainstream digital currency, do not invest in counterfeit currency or air currency.

7. Generally speaking, it is sold directly into usdt or bitcoin on the exchange
then sell usdt or bitcoin into RMB through C2C transaction.

8. Yes, just operate directly on the trading platform. Click to withdraw cash. Of course, this requires that the trading platform you are in is regular and has a regular license. For example, fire coin and Saturn exchange all have a regular license. These are easy to use.