Why is digital currency risky
Publish: 2021-04-24 11:34:55
1. Legal risks faced by digital currency: (1) at the macro level, there are legal risks, systematic risks and consumer protection. At present, the legislative problems of e-commerce and e-payment have not been solved, the concept of e-currency and related provisions need to be clarified, and many laws and regulations have not been followed up. Secondly, there is a systemic risk caused by the collapse of a single issuing institution. If a certain issuing institution loses confidence in e-money e to its poor management, other e-money issuing institutions will also face run risk. Moreover, in the absence of standardized supervision, it is difficult for the public to effectively identify the qualification and credit level of issuers. How to effectively prompt risks and protect the rights and interests of the public has become a difficult problem. In addition, the concealment, rapidity and cross-border nature of Internet payment make e-money an inevitable money laundering tool for criminals 2 At the micro level, there are technical risks and credit risks in the main body of e-money issuance. The issuers of e-money in China include banks, non bank financial institutions, Internet enterprises and other enterprises. Due to the weak financial professional foundation of some issuers, especially the lack of mandatory technical security standards in China, there are serious management loopholes and security risks in e-money issuers. System software or hardware failures will affect the availability of e-money. Secondly, the unreasonable structure of assets and liabilities and high concentration of investment will lead to the lack of liquidity and the risk of default. In addition, the payment and circulation of e-money rely heavily on all kinds of networks, and there are all kinds of operational risks, such as deliberate embezzlement of other people's accounts, internal crimes of issuing institutions and malicious intrusion of hackers, which will damage the interests of e-money holders. bitcoin, Ruitai and other digital currencies are suitable.
2. It is definitely recommended that you register with easybtc. Relatively speaking, the safety factor of this platform is among the top.
3. 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 a kind of unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities. 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
according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk
warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: December 11, 2020. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
digital currency is a kind of unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities. 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
according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk
warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: December 11, 2020. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
4. Yes, digital currency is very risky.
5. Swiss Institute of mathematics, network plus V certification, the information inside, easy to understand, the system completely answers your question. There are many other basic knowledge, including trading knowledge and skills.
6.
When bitcoin was first launched, a bitcoin could not buy a hamburger, but now a bitcoin can buy a car, which is the violence of virtual currency. The virtual digital currency led by bitcoin has let many investors see the dawn{ RRRRR}
we all like to save money, at most for a fixed period. A few people buy stocks, let alone virtual digital currency
the biggest risk of digital currency is instability. It is not a currency recognized by the International Monetary Fund. Bitcoin can not be traded directly, nor can it be used to buy things directly, because the number of bitcoin is limited. Therefore, many people feel that it is necessary to invest
and now many countries prohibit the transaction of virtual currency, because digital currency helps money laundering. Many people launder money through digital currency to evade supervision. Once the government finds it illegal, it will be unfavorable for the trend of digital currency
there is a lot of uncertainty in digital currency, and the biggest fear is the collapse of the whole system. In the end, there is nothing left, so there are risks in investment
7. There is also risk, but the risk is not as big as the stock investment, and it will not fluctuate as the stock. It is a popular investment now. I'm now investing in Tianyuan currency in Jiujiu trading network. This is digital currency. It's quite stable
8. Digital currency should have certain risks, because there seems to be no fully established law for data currency in China
9. Risk 1: Limited trading rules. Before okex's point-to-point trading area, the digital currency purchased by RMB could not be directly transferred to the spot account for trading, but could only be traded in the point-to-point trading area
there are only a few large currencies in the point-to-point trading area, such as BTC, BCH, ETH, etc, LTC, and they can't withdraw the currency, so the direct purchase of digital currency with RMB is blocked. Fortunately, e to the large number of complaints, this restriction has been lifted
risk 2: the transaction process is not standardized. If you want to use RMB to buy digital currency for trading in the exchange, you must find the offline usdt team to buy it. Before purchasing, you need to carry out identity authentication. Besides the photos of the front and back sides of the ID card, you need to read a disclaimer by video. The time of releasing the currency is uncertain. If you want to the bottom, you have to see your luck
there is a great risk in the process of offline trading, because once there is any problem, it will make the sky should not call the earth ineffective. Fortunately, the legal currency transaction of usdt has been launched recently, so offline channels can be avoided as far as possible
risk 3: platform customer service. Okex's customer service is outsourced, and there are few things it can handle. Customer service calls are often blocked. If there is a real problem in the transaction, the customer service staff will pretend not to see it. The message sent yesterday may not reply to you today
risk 4: system stability. With more and more people speculating in currency, the matching mechanism of the whole platform is facing more and more challenges. In the past, a small number of people could play and cope with it, but now more and more people are. Recently, many people can't deal with the market price list in time e to matching, the market price is incorrect, and there is no way to cancel the order and other system problems. The platform will not deal with them, resulting in the loss of many people.
there are only a few large currencies in the point-to-point trading area, such as BTC, BCH, ETH, etc, LTC, and they can't withdraw the currency, so the direct purchase of digital currency with RMB is blocked. Fortunately, e to the large number of complaints, this restriction has been lifted
risk 2: the transaction process is not standardized. If you want to use RMB to buy digital currency for trading in the exchange, you must find the offline usdt team to buy it. Before purchasing, you need to carry out identity authentication. Besides the photos of the front and back sides of the ID card, you need to read a disclaimer by video. The time of releasing the currency is uncertain. If you want to the bottom, you have to see your luck
there is a great risk in the process of offline trading, because once there is any problem, it will make the sky should not call the earth ineffective. Fortunately, the legal currency transaction of usdt has been launched recently, so offline channels can be avoided as far as possible
risk 3: platform customer service. Okex's customer service is outsourced, and there are few things it can handle. Customer service calls are often blocked. If there is a real problem in the transaction, the customer service staff will pretend not to see it. The message sent yesterday may not reply to you today
risk 4: system stability. With more and more people speculating in currency, the matching mechanism of the whole platform is facing more and more challenges. In the past, a small number of people could play and cope with it, but now more and more people are. Recently, many people can't deal with the market price list in time e to matching, the market price is incorrect, and there is no way to cancel the order and other system problems. The platform will not deal with them, resulting in the loss of many people.
Hot content