Is usdt reliable
I think bitcoin China is a reliable platform. It is the first and largest bitcoin trading platform in China. It is operated by Shanghai satuxi Network Co., Ltd. and was established on June 9, 2011. The team members are mainly from China, Silicon Valley and Europe
bitcoin world is based on credit, and Chinese brands of bitcoin have high credibility in the global bitcoin field
It's not illegal, but there are legal risks
in September 2017, the central bank, together with seven ministries and commissions, issued the announcement on the risk of token financing, which explicitly prohibited the trading of RMB and digital currency and the issuance of ICO (abbreviation of initial coin offering, which means initial public offering of digital currency)
the court reminded that the investment transaction of virtual currency is not protected by law, and investors should keep sober and rational. Virtual currency is not issued by monetary authority, it has no monetary attributes such as compensation and compulsion, it does not have the same legal status as currency, and it can not be used as currency in the market
extended information:
related policies:
on December 5, 2013, the central bank, together with five ministries and commissions, issued the notice on preventing bitcoin risks, which identifies the identity of bitcoin virtual goods and prompts financial risks
on September 4, 2017, the central bank, together with seven ministries and commissions, issued the notice on preventing the financing risk of token issuance, in which the central bank defined the identity of digital currency as "virtual currency" rather than "virtual commodity"
different countries have different attitudes towards digital currency. North America, Western Europe and Japan are the countries with high acceptance of bitcoin; Russia defines bitcoin as illegal; India and other countries have not issued relevant policies for the bitcoin< br />
because many people want to use usdt as the intermediate currency, they usually need usdt for currency transactions in currency exchange and other exchanges, and the total issuance volume of usdt is only 3 billion, so the price of usdt will be a little higher than that of US dollar
the biggest feature is that it is equivalent to the same amount of US dollars, 1usdt = 1 US dollar. Make it a good hedge token in the volatile cryptocurrency market
at present, it supports direct exchange between usdt and RMB, and there is no handling charge!