Is virtual currency a T-10 transaction

1. The transaction of virtual currency is a virtual currency transaction between normal players, which is legal according to the rules of the game. It depends on the agreement between you and the network operator.

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

3. 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

4.

There are two reasons for the prohibition of virtual currency trading by the state:

1. The price fluctuates violently and the consumer protection is lacking:

virtual currency is the proct of network, and the digital information flowing in the network is beyond everyone's control. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code

bitcoin and other so-called "virtual currencies" lack a clear value basis, the market is full of speculative atmosphere, the price fluctuates violently, and investors blindly follow suit, which is easy to cause capital losses

2. Evade supervision and become the "accomplice" of criminal activities:

bitcoin is popular as a payment tool in the so-called "dark web" world“ The "dark net" is full of all kinds of serious criminal activities. One of the original intentions of the invention of bitcoin is to evade regulation. It has the characteristics of anonymity and convenient cross-border flow, and has become the preferred tool of "underground economy"

the existence of bitcoin and exchanges and other instrial chains has constructed a illegal financial market for asset transfer and financing in addition to legal currency, increased the difficulty of regulatory authorities in managing financial security and stability, and promoted regulatory arbitrage and financial crimes. The risks and social security risks it brings to the financial market are far higher than its innovative value

extended information

virtual currency transactions are not protected by law:

according to the notice on preventing bitcoin risks issued by the people's Bank of China and other departments on December 3, 2013 and the announcement on preventing financing risks of token issuance issued by seven ministries and commissions including the people's Bank of China on September 4, 2017, virtual currency is not issued by monetary authorities, It is not a real currency because it does not have the monetary attributes of legal compensation and compulsion

in terms of nature, virtual currency should be a specific virtual commodity, which does not have the same legal status as currency, and can not and should not be used as currency in the market. Although citizens' investment and trading in other virtual currencies are personal freedom, they can not be protected by law

5. If CMB sells "CMB cash a (217004)" on a commission basis, when the redemption amount is less than or equal to 500000 yuan, it can arrive at the account in real time (Note: the reserve fund is sufficient).

6. Unknown_Error

7. I've never played with this kind of thing. It's up and down. I really can't stand it. Don't start with it easily

8. Now basically, all monetary funds are t + 0. There is a redemption time on the official website of the Monetary Fund. There is no need to advance money for the T + 0 of the Monetary Fund. If someone redeems, someone will buy

9. Monetary Fund T + 0 means that after the application for redemption is submitted to the monetary fund, the fund will arrive at the account on the same day or even in real time. The realization of T + 0 means that the monetary fund with income comparable to time deposit will get the same liquidity as current deposit. The realization of Monetary Fund T + 0 is of great significance for ordinary investors' daily cash management
it takes 2-4 working days for a general domestic monetary fund to submit a redemption application to the account. As a result, some investors are worried that they will not be able to withdraw cash when they are in urgent need of money, and nearly 40 trillion residents' demand deposits can only be idle in their accounts< Extended information:
proct features of Monetary Fund:
1. Principal security: most of the money market fund investment varieties determine that the risk is the lowest among all kinds of funds, and the monetary fund contract generally does not guarantee the security of principal, but in fact, e to the nature of the fund, the monetary fund rarely suffers from principal loss in reality. Generally speaking, monetary funds are regarded as cash equivalents
2. Strong liquidity: the liquidity is comparable to that of current deposit. Fund trading is convenient, the time for funds to arrive at the account is short, and the liquidity is very high. Generally, funds can arrive at the account within one or two days after redemption. At present, fund companies have opened the immediate redemption business of Monetary Fund, which can arrive at the account on the same day
3. High yield: most money market funds generally have the yield level of national debt investment. Money market funds can invest in exchange repo and other investment tools that general institutions can invest in
it can also enter the inter-bank bond and repo market and the central bank bill market for investment, and its annual net yield is generally higher than the fixed deposit rate of one year, which is higher than the income level of bank savings in the same period. Moreover, money market funds can avoid hidden losses
when there is inflation, the real interest rate may be very low or even negative, and the money market fund can grasp the change of interest rate and inflation trend in time to obtain stable and higher income
4. Low investment cost: Generally speaking, the transaction of money market funds is free of handling fee, and the subscription fee, subscription fee and redemption fee are all zero, so it is very convenient for funds to enter and leave, which not only reces the investment cost, but also ensures the liquidity. The first subscription / subscription is 1000 yuan, and the second purchase is increased by 100 yuan
5. Dividend tax exemption: most money market funds have a face value of 1 yuan forever, and their income is calculated every day. They have interest income every day. Investors enjoy compound interest, while bank deposits only enjoy simple interest. Monthly dividends are carried forward to fund shares, and dividends are exempt from income tax
source of reference: Sogou Network - Monetary Fund T + 0

10. The redemption time of each fund is different. For the fund purchased in China Merchants Bank, please dial 95555 from 8:00 to 18:00 to select 3 personal customer service-2-9 to enter the manual service to provide fund code query.