What is the currency merchant of digital currency transaction

1.

digital currency is an alternative currency in the form of electronic currency (which can be used for real goods and services transactions)

digital currency has the main characteristics of network packets. This kind of data packet is composed of data code and identification code. The data code is the content we need to transmit, while the identification code indicates where the data packet comes from and goes

based on the characteristics of digital currency, the direct benefit of digital currency to the central bank is not only to save the cost of note issuance, circulation and settlement, but also to enhance the central bank's ability to control funds

Electronic money and virtual money are called digital money. According to the definition of the European Central Bank, virtual money is issued by non central banks, credit institutions and e-money institutions, which can be used as the numerical expression of the value of currency substitutes in some cases

{rrrrrrr}

extended information:

the process of digital currency trading through the platform is as follows:

(1) investors should register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time

(2) users can buy and sell digital currency with the money in their cash account, just like buying and selling stocks and futures

(3) the trading platform will sort the buying requests and selling requests according to the rules and start to match them. If they meet the requirements, the transaction will be concluded

(4) e to the difference between the buy and sell volumes submitted by users, a buy or sell request may be partially executed

2. 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.

3. Digital currency exchange and IPO are very similar. There are also securities companies (market makers) and money fees (listing fees and recommendation fees). But the difference is that IPO has law firms, clubs and currency circles. There is only one consensus, and then asset liquidity banks look at market makers to provide.

4. "Digital currency" circle explanation: also known as cryptocurrency, it generally refers to the endogenous transaction token of the decentralized network containing blockchain technology. We generally understand that digital currency is non-existent, virtual and non real currency in reality. For example, when you play "Three Kingdoms" (game) or "grand Voyage", you have money, and that money is virtual. Of course, those virtual money will also have its real value. It can be used to buy goods and trade in special scenes. Is it easy to understand
bitcoin (BTC), Ethereum (ETH), lightcoin (LTC) and EOS grapefruit are the representatives of digital currency. With the popularity of the currency circle, there are now more than 1200 currencies and 230 exchanges. These digital currencies can be purchased in RMB, traded in currencies and across platforms
the platform is mainly divided into two categories:
1. OTC platform, which mainly solves the problems of RMB direct buying currency and selling currency in exchange for RMB
2. Currency trading platform, the main solution: if you already have currency, you can change it into other currency you want through currency trading
note: there are differences in currency price and handling charge between platforms. In addition, different platforms support different transaction currencies, so you can use multi platform joint operation to buy the currency you want at any time, and the handling charge can also be saved. Not only that, cross platform joint trading can also realize brick arbitrage.

5. The
wtocoin exchange of coinbase as bitcoin is a branch of all kinds of counterfeit currencies.

6. Pishon is OK, volume and price fly together, get the biggest bonus in the coin circle, the platform is formal, many people know it

7. Too many, pure quartz veins! There are more geologists, big ones.

8. "Digital currency is an alternative currency in the form of electronic currency, which can be used for real goods and services transactions. Digital currency has the main characteristics of network packets. This kind of data package is composed of data code and identification code. The data code is the content to be transmitted, while the identification code indicates where the data package comes from and goes Definition of digital currency: the alternative currency in the form of electronic currency belongs to digiccy. Digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as: the digital expression of value, which is not issued by the central bank or authorities, nor linked with legal currency, but because it is accepted by the public, it can be used as a means of payment, or can be transferred, stored or traded in electronic form. Digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects: first, e to some open algorithms, digital currency has no issuing subject, so no one or institution can control its issuing; ② Because the number of algorithm solutions is fixed, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency; ③ Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough. The emergence of bitcoin poses a great challenge to the existing monetary system. Although it belongs to the generalized virtual currency, it is essentially different from the virtual currency issued by network enterprises, so it is called digital currency. This paper compares digital currency with electronic currency and virtual currency from the aspects of issuing subject, scope of application, issuing quantity, storage form, circulation mode, credit guarantee, transaction cost and transaction security.