Stop bitcoin Trading
Prior to that, the regulatory authorities decided to close the exchanges of virtual currency in China. On September 14, regulatory rumors finally came to the ground. Just now, bitcoin China, one of China's three major virtual currency trading platforms, announced that bitcoin China would stop all trading business on September 30
according to public information, bitcoin China is the longest operating bitcoin trading platform in China, which was established on June 9, 2011. Affected by the news, bitcoin, lightcoin and Ethereum all fell sharply
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. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money 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
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: February 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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that is, the buyer and the seller freely negotiate the price and terms on the OTC platform and trade on their own. The external trading platform mainly provides two services: one is the information matching of both sides of the transaction, and the other is the security guarantee of bitcoin
Second, contract transaction, currency to currency transaction
the traditional digital asset investment is the conversion between digital assets and RMB (CNY). Currency to currency transaction is to buy and sell bitcoin as the base currency for other digital currencies, buy low and sell high to get more bitcoin. 58coin can support BTC / eth / etc / LTC / BCC / dash and other six kinds of digital currency exchange, provided that you have money. I suggest you transfer the money in hand directly into 58coin
Third, overseas exchanges
if bitcoin spot trading is not allowed in China, then go directly to overseas exchanges for trading. Common foreign exchanges, such as the bitrex website, are easy to register and provide us dollar and bitcoin transactions, but they do not have a Chinese version. They must also open a US dollar account for cash withdrawal<
Fourth, decentralized exchange
decentralized exchange is to install a software on your computer, and other people also install the software, and then you form a P2P network with each other. You can use this software to buy and sell bitcoin through this network. Both sides of the transaction can be completely unfamiliar. Both sides should abide by the same agreement. The platform does not guarantee the security of the transaction. Generally, for the security of the transaction, both sides can apply for a third-party arbitration.
if bitcoin stops trading worldwide, it will completely become a bubble economy. No matter how much you buy, how much you have in hand, you can only break your teeth into your stomach. The only thing that can give you a sense of security is cash in hand.
of course, it can't be cashed at home. You can only go to foreign trading institutions, such as btccas. Generally speaking, it can be cashed directly on the outfield. If you don't want to cash it as soon as possible, you will feel at ease
thank you
According to the official announcement, digital assets and RMB recharge functions will be closed at 12 noon on September 27, and all trading functions will be closed at 12 noon on September 30. So far, bitcoin trading was officially sentenced to death
some people applaud the state's move to control bitcoin transactions, believing that this money laundering tool should have been closed long ago the invention of bitcoin in the United States disturbs the Chinese market. We should learn from Russia's ban on bitcoin. Although bitcoin makes money, it is not good for the development of the country because it is divorced from the real economy. Many young people are addicted to bitcoin and lose both money and people
however, at present, the state only restricts it, but it has not been completely banned. Big exchanges can not provide bitcoin exchange, so many of them go underground, making it more difficult to control
for young people, the state has banned trading, so it is too risky to re-enter the bitcoin market, so they should be cautious to intervene, and regret if they break the law
On September 4, the central bank, together with six ministries and commissions, issued an announcement on preventing the financing risk of token issuance. Some analysts believe that the central bank's suspension of token issuance financing is in essence cracking down on illegal token financing and strengthening financial supervision. So, what is the impact of the central bank's suspension of token issuance on the stock market
This will undoubtedly be a cold water for the concept of speculation, but in essence, it may not have a great impact on the operation of related enterprises. Some investors may have some misunderstandings about blockchain research companies. Blockchain technology covers a wide range, not only bitcoin, but also the construction of network services and credit system