Can banks buy bitcoin

1. We know that since the beginning of this month, the mainland of the people's Republic of China has been unable to trade bitcoin with RMB in several major bitcoin exchanges in China. In the past, several major bitcoin exchanges such as China, okcoin and fire coin have been closed

today, the price of bitcoin once reached 50000 yuan, which fully shows that "bitcoin does not necessarily need China, but China seems to need bitcoin". Closing the Chinese exchange is not the end of the world for bitcoin. Many friends think that it is impossible to use RMB to buy and sell bitcoin now. In fact, it is still very simple to use RMB to buy and sell bitcoin now. Where there is demand, there is market

I personally used localbitcoins, a foreign trading website, a long time ago. It is similar to Taobao. The buyers and sellers registered on it are all indivials. When trading, the credit is guaranteed by localbitcoins. According to the customer's requirements, I choose the above trading list. The system supports the buyers and sellers to chat and exchange

for example, choose RMB to buy bitcoin, you can use Alipay and bank card transaction to complete payment. After receiving the payment, the seller will release the bitcoin frozen by

LocalBitcoins. If the seller does not release, it can submit evidence to the platform arbitration, usually there will be no problem. When choosing sellers, pay attention to choose sellers with high credit value, high evaluation and large historical turnover, and there will be no problem

local bitcoins is a person to person trading platform with a long history, which supports the legal currencies of most countries in the world: pound sterling, US dollar, euro and RMB. In the past, the volume of renminbi transactions was small, but recently, because of the closure of the central exchange in Chinese mainland, the buyers and sellers of RMB settlement became very much and it was easy to close. Besides, it is very convenient to pay and receive money with Alipay and bank card.

in addition to local bitcoin, okex, a subsidiary of okcoin, has recently opened C2C trading, which fully supports RMB trading (update: the point-to-point trading market of fire coin company has also been opened). Since the company is registered in Hong Kong and avoids mainland supervision, the mode is the same as that of local bitcoin. In addition, coincola and bitcoin world are the same person to person trading mode as local bitcoins, but I haven't tried. I don't know the depth of the transaction. With bitcoin, it's easier to trade other virtual currencies. The price of bitcoin is less than 1000 yuan four years ago. The current price of 50000 yuan is indeed high, but if the price of 100000 yuan next year, the current price of 50000 yuan is not high. Of course, no one can guarantee that the price will reach 100000 next year. In addition, you don't have to buy one bitcoin. Both 0.1 and 0.001 bitcoins can be sold

it must be pointed out that investment needs to be cautious, investment needs to be cautious, investment needs to be cautious! Don't understand and afraid of risk friends completely ignore. There are many ways to make money, and investing in cryptocurrencies such as bitcoin is just one of them.

2. 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 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

according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and 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: January 29, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html

3. What are the advantages and disadvantages of using credit card to buy bitcoin? Many banks are OK, such as the big four. When we buy bitcoin, we can choose to buy it by credit card, because credit card brings credit and we can get money from it

credit cards have advantages and disadvantages. We need to see which cards can be purchased and which can't be purchased. If we make mistakes in purchasing, we need to know how to take responsibility. Let me introce to you what credit cards are and how to use them. I hope credit cards will have a good development

1. What are the risks of buying bitcoin with a credit or debit card? First of all, you have to make sure that the company or exchange where you buy bitcoin is well-known and trustworthy. Because some illegal exchanges may steal or users' credit / debit card information to realize illegal transactions

2. What are the advantages and disadvantages of using a credit or debit card to buy bitcoin? Advantages: convenient and fast. In view of the popularity of online shopping with credit or debit cards, it is very good for some customers who are not very proficient in technology to buy bitcoin with credit or debit cards. Disadvantages: high handling charges and limited purchase quantity

3. Can I buy bitcoin with my stolen credit card? Absolutely not. Because the exchange needs you to complete the information authentication, you can't pass the authentication by using the stolen card. At the same time, it's illegal. Please don't do it

4. Can I buy bitcoin with prepaid card? Most exchanges don't allow users to use prepaid debit cards to buy bitcoin

5. If the purchase quantity is limited, can I buy more bitcoin from multiple exchanges? Of course

6. Why was it so difficult to buy bitcoin with credit card before? Because the use of credit card payment can also be revoked

in fact, many businesses can't receive the account immediately. It usually takes 60 days. But bitcoin transaction is irreversible, so it is very risky for businesses to sell bitcoin to users who pay by credit card. But now the exchange has found a new way to prevent such fraud, so it is now possible to buy bitcoin with a credit card. Do you know how to make a credit card purchase

learn about the news and knowledge of digital currency, blockchain, exchange, etc. welcome to pay attention to Xiaoyuan and join the digital currency learning group.

4.

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

5. 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.

6. Users can buy bitcoin, and at the same time, they can use computers to do a lot of calculations according to the algorithm to "mine" bitcoin. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins
e to the decentralized programming of bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes.

7. Usually, if you're going to buy
a developer's real estate is usually a single one, that is to say, two or three real estate can be developed at the same time. That is to say, you can only understand the situation of two or three real estate when you go to the sales office, and the range of options is narrow. The real estate agency can act for more than ten real estate projects at the same time. They may have dozens or even hundreds of real estate projects in their hands. At that time, you can choose from them carefully and compare the advantages and characteristics of many real estate projects at the same time
which way do you usually choose. We all know that the new house sales must have a pre-sale or sales license, but if you go directly to the sales office to buy a house, whether the developer has got the certificate or not, unless they show it to you, you will not know, so the risk of buying a house is naturally greater. However, if the new house has been represented by an intermediary, it will also prove that the building has complete certificates and can be sold in advance or cash, because if there is a problem with the house, the intermediary agency will not act as an agent, otherwise they need to bear legal responsibility
this article comes from: home decoration Knowledge Q & A by construction instry press

8.

In today's information developed society, more and more new things appear in our lives. Bitcoin, which has sprung up in recent years, is even one of these new things. Its growth rate is really frightening, so many people have invested part of their property in it. Well, in addition to bitcoin, there is another kind of coin that is very popular now, that is dogcoin

However, in addition to this aspect, we should also see its disadvantage, that is, the development of legal digital currency will affect the development of these virtual currencies. After all, the legal electronic currency is bound to be launched in the future. It belongs to the government. It also means that a government's reputation is more secure than this virtual currency. Although we can't directly determine whether these virtual currencies will continue to exist in the future, I believe some countries will choose to retain or circulate them according to their risks< br />

9. As long as he didn't use other people's funds, or I didn't misappropriate public funds. Buying financial procts is not illegal, but bitcoin trading is banned in China.