General knowledge of virtual currency transaction

1. 1. In Taobao transaction, the buyer pays first. After the transaction amount in the game is completed, the buyer confirms the transaction and the seller can collect money. Taobao will ask the buyer to fill in the ID number and name of the game currency. 2. When the transaction amount is in the game, take a screenshot of the transaction process, and note that the ID number of the transaction should be consistent with the ID number of the buyer.

2. 1. In Taobao transaction, the buyer pays first. After the transaction amount in the game is completed, the buyer confirms the transaction and the seller can collect money. Taobao will ask the buyer to fill in the ID number and name of the game currency
2. When the transaction amount is in the game, take a screenshot of the transaction process, and note that the ID number of the transaction should be consistent with the ID number of the buyer
3. If the buyer refuses to pay with the game currency, then pass the screenshot to Taobao company, and there will be a notarized ruling.

3. Blockchain technology, decentralized transactions. The legitimacy of virtual currency is not recognized in China, but it is relatively safe for the transaction itself.

4. When choosing the registered account number of each mainstream exchange, trading in legal currency for TEDA currency, trading in other currencies through TEDA currency, the general website has a detailed process.

5. Virtual currency mainly refers to the overseas market, so it is necessary to have an overseas bank account for virtual currency trading. At present, the most practical one is the Hong Kong bank account, which is not explicitly prohibited in Hong Kong, so it can be operated as long as the transaction complies with the bank regulations
of course, the Bank of Hong Kong can not directly open an account in the past, Banks in Hong Kong are no longer afraid of money laundering and fraud. They are domestic accounts
the landlord really wants to open a Hong Kong bank account, which we can help you to open successfully. The information is simple

6. Can't trade, just cheaters used to cheat props just, don't put their real gold and silver, used to buy or invest, no practical value, can only be used to hype the virtual currency, so as not to be cheated, lose money!

7. TOBI is safe in and out of the fund, and the platform is formal. You don't have to worry too much. Just like stocks, after the stocks are listed, the cost price will graally be listed, and the final market value is often higher than your subscription price. There's no such thing as losing money, so it's the same with playing new. Don't worry about losing money.

8.

Relevant knowledge points of accounting treatment of foreign currency transactions:

(1) initial recognition of foreign currency transactions should be translated into the amount of functional currency at the spot exchange rate on the transaction date at the time of initial recognition; It can also be converted at the exchange rate determined by systematic and reasonable methods and similar to the spot exchange rate on the transaction date

when an enterprise receives the capital invested by investors in foreign currency, it shall convert it at the spot exchange rate on the transaction date, and shall not convert it at the approximate exchange rate between the exchange rate agreed in the contract and the spot exchange rate. There shall be no foreign currency capital conversion difference between the foreign currency invested capital and the bookkeeping base currency amount of corresponding monetary items

(2) adjustment or settlement at the end of the period. For example, cash on hand, bank deposits, accounts receivable, other receivables, long-term receivables, accounts payable, other receivables, short-term loans, long-term loans, bonds payable, long-term receivables, etc

monetary items are translated at the spot exchange rate on the balance sheet date. The exchange difference arising from the difference between the spot exchange rate on the balance sheet date and that at the time of initial recognition or the previous balance sheet date shall be included in the current profits and losses

The adjustment steps of foreign currency monetary items at the end of the period are as follows: (1) calculate the foreign currency balance of foreign currency monetary items 2) The foreign currency balance is multiplied by the spot exchange rate on the balance sheet date to calculate the functional currency balance 3) The difference between the balance of the above-mentioned bookkeeping base currency and the balance of the original bookkeeping base currency is the exchange difference

Non monetary items refer to items other than monetary items. For example, inventory, long-term equity investment, trading financial assets (stocks, funds), fixed assets, intangible assets, etc

(1) non monetary items in foreign currencies measured at historical cost are still translated at the spot exchange rate on the date of transaction, and the amount in the recording currency will not be changed

(2) if the net realizable value of an inventory measured at the lower of cost and net realizable value is determined in foreign currency, the net realizable value should be converted into the amount in the recording currency first, and then compared with the inventory cost reflected in the recording currency