What does virtual currency spot mean
virtual currency is the currency used for electronic circulation. Now the scope of virtual currency is very large, including q-coin, bitcoin and so on. With the development of digital currency, virtual currency is becoming more and more abundant, which may become the mainstream in the future. For example, BTC, EOS, bcbot and so on are not only virtual currencies, but also algorithms, landing projects and technologies
virtual currency is mainly issued by online game service providers to purchase game props, such as equipment, clothing, etc. But at present, the use of virtual currency has gone far beyond this category. Virtual currency can be used to buy game cards, physical objects and download services of some movies and software
extended data:
real risk
as the proct of e-commerce, virtual currency has begun to play an increasingly important role, and it is more and more connected with the real world. However, with the growth of virtual currency, the relevant laws and regulations are lagging behind, which has laid many hidden dangers
fraud
the private transaction of online virtual currency has realized the two-way circulation between virtual currency and RMB to a certain extent. The activity of these traders is to buy all kinds of virtual currencies and procts at a low price, and then sell them at a high price to earn profits. With the increase of such transactions, there are even virtual mints. In addition to the virtual currency provided by the main company, there are also some people who specialize in "virtual coin making" to obtain virtual currency by playing games and then resell it to other players
Taking Wenzhou as an example, there are about seven or eight such "virtual mints" with four or five hundred practitioners. This not only creates a bubble for the price of the virtual currency itself, but also causes trouble for the normal sale of the issuing company. It also provides a platform for selling and collecting money and money laundering for various cyber crimes. p>
impact system
in modern financial system, the issuers of money are generally central banks, which are responsible for the management and supervision of money operation. As the equivalent exchange goods used to replace the real currency circulation on the Internet, the virtual currency on the Internet is essentially the same as the real currency. The difference is that the issuers are no longer central banks, but Internet companies
if the development of virtual currency makes it form a unified market, each company can exchange with each other, or virtual currency is integrated and unified, and all of them are based on the same standard and price, then in a sense, virtual currency is currency, which is likely to form a threat impact on the traditional financial system or economic operation
reference: network virtual currency
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Spot transaction, generally refers to spot foreign exchange transaction, refers to the foreign exchange transaction form in which the buyer and the seller handle delivery on the same day or the second business day after the transaction in the foreign exchange market. It is the most common transaction form in the international foreign exchange market, and its basic function is to complete the exchange of currency
The function of spot transaction is to meet the need of temporary payment and realize the international transfer of currency purchasing power; Adjust the proportion of various foreign exchange positions through spot foreign exchange transactions to maintain the balance of foreign exchange positions, so as to avoid the risk of economic fluctuations; Make use of the coordination of spot foreign exchange trading and forward trading to speculate on foreign exchange and make speculative profits
extended data:
according to different delivery methods, spot transactions can be divided into three types
1. Telegraphic transfer. The remitter's application directly informs the remitting bank abroad by telegram or telex and entrusts it to pay a certain amount to the payee. Telegraphic transfer delivery is to inform the opening bank (or the entrusting bank) of the foreign exchange buyers and sellers by telegram or telex to record the transaction amount. The proof of telegraphic transfer is the telegraphic or telegraphic remittance power of attorney of the remitting bank or trading center
2. The remitting bank shall, upon the application of the remitter, draw a bill of exchange on the remitting bank abroad, which shall be sent by the remitter to the payee or carried by the remitter himself, and withdraw money from the paying bank against the bill. The delivery of bill exchange refers to the remittance and account collection by drawing bills of exchange, promissory notes and cheques. These bills are the documents of the bill of exchange
3. The remitting bank shall, upon the application of the remitter, directly notify the remitting bank abroad by letter to entrust it to pay a certain amount to the payee. The delivery method of mail transfer refers to notifying the opening bank or the entrusting Bank of the foreign exchange buyers and sellers of the transaction amount by letter. The voucher of mail transfer is the letter of payment entrustment of remittance bank or trading center
Spot goods refer to the physical goods available for shipment, storage and manufacturing, also known as physical goods. Spot is the general term for goods that the seller pays immediately after the transaction, or pays in advance, and the buyer pays within a very short period of time
development materials
main features of spot electronic trading market
(1) standardization of electronic trading contract: standardization of electronic trading contract refers to that all other terms of the contract are pre-defined and standardized except price. Once this standardized electronic transaction contract is registered, it becomes a warehouse receipt
(2) two way Trading: it means that investors can make profits by buying the warehouse receipt at a low price and selling it at a high price; You can also sell at a high price and buy at a low price. The way of trading is more flexible, increasing trading opportunities (3) hedging mechanism: hedging mechanism refers to the operation in the opposite direction of electronic contract, so as to relieve the performance responsibility (4) settlement system on the same day: the accounts of investors are checked every day to avoid debt disputes and control risks (5) margin system: margin system refers to freezing appropriate margin for both parties of the transaction, so as to ensure the performance of the contract, and at the same time play a leverage role of funds, making full use of funds (6) t + 0 trading system: the contract can be transferred on the same day, the profit can be made on the same day, the position can be hedged and closed on the same day, the fund can be fully used, and the risk brought by long-term position can be reced, and the operation is flexible (7) capital supervision: spot investment is supervised by a third party, which is generally supervised by banks. Most domestic trading institutions have established capital supervision cooperation relationship with ICBC