The world price of bitox is different from that of bitcoin
Bitcoin is a commodity. It's legal to trade
bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
extended information:
trading rules of bit trading platform:
1. Trading time: 7 * 24 hours, no closing all year round
2. Account opening: the account opening process is simple. You only need to register with niubitnet to complete the real name authentication to recharge RMB, and at least recharge RMB 100 to start the transaction
3. Transaction fee: 0.2% for each transaction4. T + 0 trading mechanism: the stock is t + 1 trading, that is, the stock can be bought on the same day and sold on the next trading day. Bitcoin and other digital assets are t + 0 transactions, which can be bought on the same day and sold on the same day. And there is no limit on the number of transactions
5. No limit on the rise and fall: there is a limit on the rise and fall of stocks, while there is no limit on the rise and fall of bitcoin and other digital assets. For example, bitcoin rose more than 20% in a single day on May 28
6. Trading unit: the minimum number of BTCs that can be bought / sold is 0.001 (about 17 yuan), and there is no restriction on buying / selling at least one hand (100 shares)
There is no time limit for cash withdrawal: cash withdrawal at any time, high liquidity The basic principle of transaction is "price first, time first" When the order price is the same, the order with earlier registration time is better than the order with later registration time