What is digital currency RFR

1. It refers to pricing another blockchain asset with one blockchain asset. For example, pricing Ethereum with bitcoin will generate eth / BTC transaction pairs. The price of the transaction pair indicates how much bitcoin you need to buy an Ethereum. Through currency transaction, you can directly exchange one kind of blockchain asset for another kind of blockchain asset without involving the transfer or settlement of legal currency. At present, nearly half of the global bitcoin trading volume comes from bitcoin trading, and the proportion of legal tender and bitcoin trading is graally shrinking. You can exchange BTC for LTC at 58coin, or you can exchange LTC for BTC again without any service charge.

2. It's all the same. It can be called virtual currency.

3. digital currency is a virtual currency based on node network and digital encryption algorithm, which can be exchanged at will. The place of digital currency is just there. All the big domestic star traders, such as silktrader, fire coin, coin security, etc. The owner of digital currency can communicate with others on the platform through the matchmaking system, or directly purchase digital currency with legal currency through the legal currency channel.

4. It's digital currency. Digital currency is not protected by law. Be careful