Currency transfer

1. Litecoin, abbreviated as LTC, currency symbol: 321;; It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin
Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.

2. There are many online bitcoin trading institutions at home and abroad, which accept the exchange of bitcoin and legal tender. Among them, Mt. GOx is the earliest and most powerful bitcoin trading platform, which was established in Japan in 2010. Bitstamp and btc-e are the other two big foreign exchanges. There are also a large number of trading platforms in China. For example, btcchina (bitcoin China), founded in June 2011, is the first trading platform operating in China (the largest in China), and also the top three corporate trading platform in the world. Btc360 (bitcoin 360) is the representative of the new generation of domestic trading platform. 52btc (organized by Zhejiang bitcoin Network Co., Ltd. and still under internal test), okcoin (the first company operation platform in China), fxbtc (personal operation), and bter founded by various teams have mushroomed rapidly< Sup > [5] < / sup > when it first appeared, bitcoin was almost worthless. One dollar could buy an average of 1309.03 bitcoins, but now the value of one bitcoin is equivalent to 152 dollars< sup>[5]

3. You can register an account in the star guest trading platform and confirm the real name, then bind the card to the bank card, recharge RMB or Leyte to the platform, and then you can trade Leyte in the currency trading center or in the legal currency trading area

4. Lightcoin is a kind of electronic digital currency, which is just emerging in recent years. Lightcoin is similar to bitcoin, which is a kind of digital electronic currency and the result of a series of digital programs. Wright coin has the characteristics of decentralization, tradable and divisible. Lightcoin trading needs to be carried out on a specific digital currency trading platform. At present, there are three to five more formal digital currency trading platforms in China, and okcoin digital currency trading platform is the more formal one among all digital currency trading platforms.

5. Like bitcoin, lightcoin can only be traded on special virtual currency trading websites
at present, China does not use virtual currency as an official settlement tool. In other words, the domestic central bank does not recognize this kind of virtual currency, so please invest carefully

6. Residents in China who are over 18 years old, have full capacity for civil conct, have good reputation, and have a legal and stable source of income, and foreigners who legally reside in China can apply to the issuing bank for a personal master card of postal savings credit card with their valid identity documents recognized by the public security department and other documents or information required by the issuing bank. When applying for the main card, the cardholder of the main card can apply for the supplementary card for the designated person who has reached the age of 16

7.

Leverage is a common financial transaction system, namely margin system

Leverage trading is also called virtual trading and deposit trading. That is to say, investors use their own funds as guarantee to enlarge the financing provided by banks or brokers to carry out foreign exchange transactions, that is, to enlarge the trading funds of investors. The proportion of financing is generally decided by banks or brokers. The larger the proportion of financing is, the less capital customers need to pay

leverage trading operation process:

1. Take BTC / usdt as an example, if the platform supports up to three times leverage

when judging that the price of bitcoin will rise from 10000 usdt to 20000 usdt, if you have 10000 usdt of principal, you can borrow up to 20000 usdt from the platform. Use 30000 usdt to buy 3btc at the price of 10000 usdt and sell it at the price of 20000 usdt, with a profit of 3btc * (20000-10000) = 30000 usdt

2. Take BTC / usdt as an example, if the platform supports up to 3 times leverage

when it is judged that the price of bitcoin will drop from 20000 usdt to 10000 usdt, with a principal of 10000 usdt (0.5btc), you can borrow 1btc from the platform, sell one bitcoin at 20000 usdt, and buy it at 10000 usdt, making a profit of 10000 usdt

if you only trade with your own funds, you can only buy low and sell high, not short

3. Calculation method of leverage lending rate:

from the time of applying for leverage, the interest will be calculated as 24 hours in less than 24 hours, and the loan funds and interest will be returned when the leverage is returned

4, the risk of leverage Trading:

leverage makes use of less capital to realize the possibility of obtaining greater returns. But if the wrong direction of the transaction is judged, the loss will also be enlarged year on year. Therefore, ordinary traders try to avoid the high leverage of heavy trading, to prevent the occurrence of burst positions or even through positions

(1) reasonable use of leverage ratio and control of position

(2) stop profit and loss timely and close positions spontaneously

(3) margin should be added in time to ensure that the ratio of total assets to leverage is greater than 110%

extended data

related functions of leverage Trading:

1. Loan account:

each loan transaction pair corresponds to a loan account. For example, ETH / BTC will correspond to an eth / BTC loan account (including two sub accounts of Eth and BTC)

users can transfer Eth and BTC monetary assets in the transaction account to eth / BTC lending account; Eth / BTC loan account can be applied for loan in two types of currency assets: Eth and BTC

2. Fund transfer:

users can't recharge to the loan account directly for the time being, so they can transfer the funds from the transaction account to the loan account by fund transfer

(1) when the user borrows, the part of the loan account with a risk rate higher than 200% can be transferred out to the transaction account

(2) when the user has no loan, all the available funds in the account can be transferred out to the transaction account

3. Apply for loan:

the user enters the loan management and selects the loan account to apply for loan assets. The amount of digital currency that the user can apply for loan depends on the account principal and platform leverage ratio. The maximum amount of loan that the user can apply for is net asset conversion (BTC) × Multiple - 1) - borrowed assets

for example, if the maximum leverage ratio of the platform is 3 times, the number of digital currencies that users can borrow is 2 times of the principal

8. Log in to China bitcoin chbtc website and click the [finance] menu bar, as shown in the figure:

9. Now I don't have much room for appreciation. I used to play bitcoin, but now I'm playing the flow ore launched by the express company. Now it's just coming out, and I think the appreciation space is quite big! You can look at the network, perhaps help you!

10. Virtual currency has no real value,
it belongs to the category of network pyramid selling in essence,
the currency has high value-added in external publicity,
the corresponding website may be closed at any time,
it is recommended not to participate in it, so as not to become a dish collector.