Baida OTC digital currency

1.

bitcoin is just like the currency in the game, but no one releases bitcoin. Instead, it relies on a specific algorithm to generate , so now people looking for bitcoin also call themselves miners, but they rely on computers to mine

the rise of bitcoin is e to the restructuring of global risk assets , and the widening of investment channels for encrypted assets . Since the beginning of this year, the volatility of securities and foreign exchange markets has intensified, and global investors are looking for safe assets. Traditional safe asset gold is more dependent on the real economy and inflation expectations, Bitcoin is more like a sensitive index, gaining a certain asset hedging advantage

2.

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

3.

Usdt is TEDA currency and cannot be converted into RMB Notice on carrying out self inspection and rectification of payment services for illegal virtual currency transactions all Payment institutions within the jurisdiction shall carry out self inspection and rectification, strictly prohibit providing services for virtual currency transactions, and take effective measures to prevent payment channels from being used for virtual currency transactions

TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar. Each TEDA coin is symbolically associated with government supported legal tender. TEDA currency is a virtual currency kept in the foreign exchange reserve account and supported by legal tender. This method can effectively prevent the price fluctuation of cryptocurrency. Basically, the value of a TEDA currency is equal to US $1

on January 16, 2018, among the top 50 cryptocurrencies in global value, most of the digital virtual cryptocurrencies suffered a sharp drop in price, but the price of TEDA currency rose against the trend. The price of TEDA was $1.04, up 3.23% from the previous day, with a total market value of $1.69 billion. In addition to TEDA, most virtual currencies, including bitcoin, Ethereum, and lightcoin, have experienced sharp declines

extended information:

in 2017, the regulatory authorities issued the notice on preventing the financing risk of token issuance, which clearly pointed out that financial institutions and non bank payment institutions are not allowed to carry out business related to token issuance financing transactions. All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability

the Internet Finance Association of China issued the risk tips on preventing ICO activities in disguised form, calling on consumers and investors to recognize the essence of relevant models, enhance risk prevention awareness, invest rationally, and not blindly follow the trend of speculation. Previously, blockchain technology was once sought after by a number of listed companies and the capital market, but it also led to questions about whether it was over hyped and "stepping on the red line"

4.

Plustoken wallet is not reliable

on June 29, 2019, plustoken, the largest blockchain investment project, was reported by users that it was unable to withdraw money, and then six founding team members were arrested in Vanuatu for suspected Internet fraud. In the previous article "tracking the asset transfer of plustoken with pictures and texts", the preliminary tracking statistics showed that there were 1203 BTC inflows into the exchange

At the same time, peckshield found that another transfer address at the beginning of 1m1tfsvb in the monitoring transferred 5575 BTCs through multiple decentralized and small amount transfer out, and it is not sure whether it will flow into the exchange. However, ETH, EOS, XRP and other currency assets have no abnormal trend

5.

OTC market, also known as the OTC market

is the oldest securities exchange in the world, which originated from the fact that banks were also engaged in stock trading business at the beginning: because they adopted the practice of selling stocks to customers on the bank counter, they were called the over-the-counter market. Because this kind of trading is not carried out in the exchange, it is also called the over-the-counter market or the over-the-counter market

in Singapore OTC market, besides providing all kinds of foreign exchange, index and futures trading, there are also Morgan Stanley's Taiwan, Hong Kong and other reference indexes for investment. OTC trading in Europe is more vigorous than that in traditional exchanges and has become a new favorite of modern investment

extended data

OTC (over-the-counter market), which refers to the equity trading outside the stock exchange. The establishment of counter trading market in China can provide equity trading platform for millions of enterprises that can not meet the listing conditions, which is concive to the development of small and medium-sized enterprises and the formation of a multi-level capital market in China

the English full name is over the counter market. The term OTC market originated more than 100 years ago. At that time, there were many securities not traded on the New York Stock Exchange and other stock exchanges in the U.S. stock market. Investors could buy these stocks through securities companies or banks

at that time, investors were only able to buy and sell stocks on the counter of the market department opened by securities companies and banks, so the OTC market and OTC trading got its name

OTC market OTC (over the counter) market is the oldest securities exchange place in the world. It originated from the fact that banks were also engaged in stock trading business: because they sold stocks to customers over the counter, they were called the over-the-counter market. Because this kind of trading is not carried out in the exchange, it is also called the over-the-counter market or the over-the-counter market

OTC (over-the-counter market, also known as the over-the-counter market or the over-the-counter market) is totally different from the exchange market. OTC has no fixed place, no specified membership, no strictly controllable rules and regulations, and no specified trading procts and restrictions. It is mainly one-to-one trading concted by the counterparties through private negotiation. OTC trading is mainly in the financial instry, especially in the countries where banks and other financial institutions are very developed

6. By gib digital bank, you probably mean gib global investment digital bank. It's true. It's estimated that it has been opened online on July 18.

7.

There is no centralized trading place. Buyers and sellers are scattered all over the country. The business is mainly carried out through telephone and computer systems. The trading objects are mainly unlisted securities, and some listed securities are traded over the counter. There are more bond transactions, including all government bonds and some large corporate bonds, as well as some stocks, especially those of the financial instry and insurance companies

there are many forms of this transaction mode, and different content procts can be designed according to the different needs of each user. At the same time, in order to meet the specific requirements of customers, financial institutions selling derivatives need to have superb financial technology and risk management capabilities. Over the counter trading constantly proces financial innovation

however, since the clearing of each transaction is carried out by both sides of the transaction, the transaction participants are limited to customers with high credit. Swap transaction and forward transaction are representative derivatives of over-the-counter transaction

extended materials

in foreign countries, the participants in the OTC market are mainly securities dealers and investors. Securities firms participating in OTC trading include:

1. Member securities firms, that is, members of the stock exchange set up institutions to operate OTC trading business

Non member securities firms, or over-the-counter securities firms, are not members of the stock exchange, but have been approved to set up securities business institutions to deal in unlisted securities and bonds

(3) securities underwriters are financial institutions that specialize in underwriting newly issued securities. In some countries, newly issued securities are mainly sold in the OTC market

(4) securities dealers who are specialized in buying and selling government bonds, local government bonds and bonds of local public organizations, etc

8. I've heard of Hong Kong Henda precious metals, which belongs to the London gold trading platform in Hong Kong. It can only trade gold and silver. It has no liquidation liquidity, that is, gambling mode; What you said about Henda foreign exchange is estimated to be the white standard platform of Henda precious metals, that is, the black platform.

9. That regular platform, so we all have to try it out. Is this OK?