Can Chinese currency be cashed
Publish: 2021-03-28 14:09:52
1. Lightcoin is legal in China, but if you use lightcoin for illegal activities, it is illegal
bitcoin, lightcoin and other virtual cryptocurrencies are defined by the central bank as a kind of special Internet goods in China. Citizens can buy and sell freely at their own risk, which denies their monetary attribute. Central bank governor Zhou Xiaochuan once said that bitcoin is more like a tradable asset, similar to stamps. Since it's a commodity or asset, it's legal. Citizens' property is sacred and inviolable. Bitcoin house also published the full text of the joint notice on bitcoin risk issued by the central bank and other five ministries and commissions in 2013. You can see it from the emotional point of view
most of the major countries in the world also adopt a cold attitude towards bitcoin, because bitcoin may be used for money laundering, drug trading and other illegal activities.
bitcoin, lightcoin and other virtual cryptocurrencies are defined by the central bank as a kind of special Internet goods in China. Citizens can buy and sell freely at their own risk, which denies their monetary attribute. Central bank governor Zhou Xiaochuan once said that bitcoin is more like a tradable asset, similar to stamps. Since it's a commodity or asset, it's legal. Citizens' property is sacred and inviolable. Bitcoin house also published the full text of the joint notice on bitcoin risk issued by the central bank and other five ministries and commissions in 2013. You can see it from the emotional point of view
most of the major countries in the world also adopt a cold attitude towards bitcoin, because bitcoin may be used for money laundering, drug trading and other illegal activities.
2. 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
3. Go to trading platforms like okcoin
4. This kind of currency can only be treated as a virtual commodity at most,
and it is operated by an unknown private company,
it is easy to manipulate the price and cause losses to investors,
even the operation platform runs away or goes bankrupt.
and it is operated by an unknown private company,
it is easy to manipulate the price and cause losses to investors,
even the operation platform runs away or goes bankrupt.
5. If the platform where you buy bitcoin is regular, then bitcoin can be withdrawn at any time
like Saturn exchange, its main proct is bitcoin contract, and there are many bitcoin trading friends on it. It can be traded at any time within 7 * 24 hours, that is to say, it can withdraw cash at any time
of course, occasionally the platform will maintain the system or upgrade the system. At this time, it may not be able to withdraw cash, because it is worried that there will be errors or problems in the process of withdrawing cash, but you don't need to worry, because it is usually only a few hours, and the platform will inform you in advance.
like Saturn exchange, its main proct is bitcoin contract, and there are many bitcoin trading friends on it. It can be traded at any time within 7 * 24 hours, that is to say, it can withdraw cash at any time
of course, occasionally the platform will maintain the system or upgrade the system. At this time, it may not be able to withdraw cash, because it is worried that there will be errors or problems in the process of withdrawing cash, but you don't need to worry, because it is usually only a few hours, and the platform will inform you in advance.
6. The withdrawal of bitcoin / lightcoin is automatically processed by the 24-hour system and automatically remitted in 15 minutes. According to the design principle of bitcoin / lightcoin network, if it is confirmed, it will go to the user's withdrawal address. Generally, it will take about 10 minutes, sometimes it may take 1-2 hours, which is decided by bitcoin / lightcoin network.
7. At present, domestic ones are not allowed
recently, three of China's largest bitcoin trading platforms, bitcoin China, fire coin.com and currency bank, announced that they would upgrade their anti money laundering system and suspend the withdrawal business of bitcoin and lightcoin
Yes, it means that China's large-scale money laundering channel has officially collapsed! Now all you can take away from the platform is RMB, which can be tracked both inside and outside the platform. Although the announcement is only a suspension of withdrawal, if no solution can be found, it can not be ruled out that it will be extended indefinitely.
recently, three of China's largest bitcoin trading platforms, bitcoin China, fire coin.com and currency bank, announced that they would upgrade their anti money laundering system and suspend the withdrawal business of bitcoin and lightcoin
Yes, it means that China's large-scale money laundering channel has officially collapsed! Now all you can take away from the platform is RMB, which can be tracked both inside and outside the platform. Although the announcement is only a suspension of withdrawal, if no solution can be found, it can not be ruled out that it will be extended indefinitely.
8. The platform may be a fraud website,
can only display a series of numbers,
can't do extraction processing,
suggest alarm processing.
can only display a series of numbers,
can't do extraction processing,
suggest alarm processing.
9. [Abstract] on November 18, the procuratorate of Babu District, Hezhou City, Guangxi Zhuang Autonomous Region approved the arrest of seven people, including Zhou Yilin, for the crime of organizing and leading pyramid selling activities. According to the prosecutor handling the case, the MLM organization first develops the offline by pulling people's heads, and then graally develops to form a "pyramid" network hierarchy. Hezhou, November 23 (reporter Chen Haimin) - on November 18, the procuratorate of Babu District, Hezhou City, Guangxi Zhuang Autonomous Region, approved the arrest of seven people, including Zhou Yilin, on suspicion of organizing and leading pyramid selling activities. It is reported that there are more than 140000 people in the whole system of the gang, involving 480 million yuan
has been identified by the examination: the suspect Zhou Moulin and other 7 people in Hezhou City, in the name of DGC company, invested in the virtual currency profits, and formed the upper and lower network "Pyramid" hierarchy relationship by requiring the participants to pay the registered capital of 100 US dollars to 500 US dollars. Only then did they join the DGC company and become a member. At the same time, it is stipulated that each member can only have 2 downlines, and other downlines with direct development should be under their level. Only when each downline is increased, can they be rewarded. At the same time, according to the number of downlines and the amount of DGC currency invested, they will be rewarded with "direct promotion Award", "confrontation Award" and "leading Award"
according to the prosecutor, the MLM organization first develops the offline in the form of pulling people's heads, and then develops graally to form a "pyramid" network hierarchy. MLM staff lure others to join DGC company with "steady profit without loss" and "high profit", and make profits through "static investment" and "dynamic investment". The 7 suspect suspects in the case are directly above or below the level of three, with a minimum of 1194.
the case is under further processing.
has been identified by the examination: the suspect Zhou Moulin and other 7 people in Hezhou City, in the name of DGC company, invested in the virtual currency profits, and formed the upper and lower network "Pyramid" hierarchy relationship by requiring the participants to pay the registered capital of 100 US dollars to 500 US dollars. Only then did they join the DGC company and become a member. At the same time, it is stipulated that each member can only have 2 downlines, and other downlines with direct development should be under their level. Only when each downline is increased, can they be rewarded. At the same time, according to the number of downlines and the amount of DGC currency invested, they will be rewarded with "direct promotion Award", "confrontation Award" and "leading Award"
according to the prosecutor, the MLM organization first develops the offline in the form of pulling people's heads, and then develops graally to form a "pyramid" network hierarchy. MLM staff lure others to join DGC company with "steady profit without loss" and "high profit", and make profits through "static investment" and "dynamic investment". The 7 suspect suspects in the case are directly above or below the level of three, with a minimum of 1194.
the case is under further processing.
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