Can I buy other currencies after buying bitcoin

1. 1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
2. Unlike all currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips: ① the above explanations are for reference only, without any suggestions. The relevant procts are issued and managed by the corresponding platform or company, and our bank does not undertake the responsibilities of investment, cashing and risk management of the procts
② there are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction

response time: January 6, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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2. In the long run, the price of bitcoin is still low. With the increasing demand of bitcoin in the mainstream society and the limited total amount, its price will be higher and higher. Therefore, it is suggested to invest a little spare money. Maybe it will be a sum of money that can provide for the aged when you retire. Buying bitcoin is also very convenient, as long as you choose a regular big exchange. Never go to a small exchange. It's easy to go out of business in a bear market. At present, domestic users mainly use okex exchange, and the reputation and security are recognized by insiders.

3. The purchase of bitcoin can be based on 0.001, and you can buy as much money as you like.

4.

it's not that you can't buy it, but that you don't recommend it. Bitcoin has many years of history. It can be regarded as a fraud or a fraud. At least, it will not become a bubble in a short time. but Shanzhai coins are different. They are of various types, and they may fall into the pig slaughtering plate if they are not familiar with them in addition, when you don't know anything about investment and finance, you'd rather deposit in the bank than buy funds or stocks

there are risks in the stock market, so investment should be cautious. In fact, it is not only the stock market, but also all the problems related to investment. When the investment graally becomes popular, it does not mean that people have financial ideas, but only that the leek base has been expanded

3. Most people who don't know how to buy and want to invest will have an idea, that is, to see how much others earn and also want to invest. But I don't know anything. I don't dare to vote if I want to< in this situation, the best choice is not to vote. Whether it's funds, virtual currencies, stocks, we all need to have enough understanding of the market

take the most basic gold as an example. Some people can make money, while others can only lose money. This is not e to luck, but from the judgment of market trends. New leeks don't know anything, they can only be cut in the end

5. Do you want to make money by creating your own currency, or do you want to make money by voting, domain name, financial exchange, crowdfunding?

6.

Radar currency is a kind of virtual currency, which does not have the value of real currency and has high risk, so it should not be invested

in 2017, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the risks of token issuance and financing, which clearly pointed out that the token or "virtual currency" used in token issuance and financing is not issued by the monetary authority, has no monetary attributes such as legal compensation and mandatory, and does not have the same legal status as currency, It cannot and should not be used as currency in the market

at the same time, the announcement also pointed out that illegal selling and circulation, raising so-called "virtual currency" from investors, such as bitcoin and Ethernet, is essentially an unauthorized illegal public financing behavior, which is suspected of illegal selling token bills, issuing securities, illegal fund-raising, financial fraud, pyramid selling and other illegal criminal activities

extended materials

the value of real currency or something with monetary attribute is guaranteed from two aspects: one is the strong state power guarantee and endorsement, the other is the general public use and irreplaceable. Therefore, virtual currency is obviously not real currency<

after the regulatory authorities have made clear their attitude, although bitcoin China, huocoin.com and other "virtual currency" operators have successively taken restrictive measures on the trading platform, the risk of "virtual currency" speculation still deserves high vigilance

in response, the China Internet Finance Association also said in the "tips on preventing the risks of bitcoin and other so-called" virtual currencies ", that bitcoin and other so-called" virtual currencies "lack a clear value basis and are increasingly becoming tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other criminal activities

investors participate in speculation through the "virtual currency" trading platform, and face the risk of price fluctuation, security risk, platform technology risk, etc., which need to be borne by investors themselves

7. There are no transaction fees. Domestic trading platforms, led by Huo coin, have removed transaction fees one by one, but for example, if you withdraw cash or play leverage, there will be relevant fees.

8. Blockchain is a cloud server. In essence, it should serve the real economy and rece the technology cost of enterprises
the issue of currency and the economic system are not things we are considering now.

9. Yes, it's very convenient to buy on the exchange now. The exchange provides a platform for bitcoin merchants to open accounts on the platform and retail investors to buy BTC. It is very convenient for retail investors to enter and exit with RMB, and the transaction can be completed in a few minutes. At present, there are many people using okex bitcoin exchange in China, who can support the purchase of bitcoin with RMB.