Position: Home page » Bitcoin » Can eth trade BTC

Can eth trade BTC

Publish: 2021-03-25 21:10:24
1.

BTC bitcoin

bitcoin is the first distributed digital asset platform created. Since its launch in 2009, it has proven to be not only the most popular, but also the largest market capital value. In addition, it is also the most expensive, with a value of $10710 per coin on February 17, 2018. Bitcoin introces the first blockchain distributed ledger dedicated to recording all transactions, and gets rid of the function that users need a central authority to process or verify transactions

its goal is to provide a platform for users to conct cross-border transactions without any intermediary, which is what we call decentralization. The platform's largest money (BTC) supply is about 21 million. Of this figure, about 16.5 million have been mined and are now in circulation. It is mined all the time around the world to ensure the circulation of coins

Advantages:

1. Its distributed system provides users with great freedom

2. High portability

This is a secure network

disadvantages:

1

2. The user may lose the key

eth Ethereum

Ethereum is also a distributed platform, which was created by Network Programmer vitalik buterin in July 2015. Ethereum aims to enable users to create and deploy smart contracts. One of the main functions of smart contracts is to allow the creation of encrypted assets or tokens running on Ethereum networks. Ethereum token is used to purchase various functions such as cloud storage space. These tokens are stored in a digital wallet compatible with Ethereum blockchain

Ethereum's digital currency ether serves as the medium for executing smart contracts. At present, about 98 million ether coins have been mined and circulated, and the circulation supply increases by about 18 million every year. Ethernet coin is created to run on the Ethereum network. It can be used to compensate the participant nodes or transfer from one user to another

advantages:

1

2

The safety was very high

disadvantages: large circulation

< H2 > extended data:

generation principle:

starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the finite solutions of a system of equations. Every particular solution can solve the equation and is unique

in the metaphor of banknotes, bitcoin is the number of the top word of a banknote. The number of the top word on a banknote owns the banknote. The process of mining is to constantly seek the special solution of the equation system through huge amount of calculation. The equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million

to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start

after completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to post the address to others, and you can pay through the same client

after installing the bitcoin client, it will assign a private key and a public key. You need to back up the wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost

2.

1. The price of BTC and eth you see on this platform is not the real price against the US dollar, but the price in usdt, which is priced in OTC legal currency. Their ups and downs are all calculated in terms of usdt. All three of them are virtual currencies, just currency transactions, not real dollar prices

2. Usdt is a complete domestic counterfeit currency, formerly known as realcoin, but it has just changed its name. Realcoin is the second generation of domestic counterfeit currency, and the first generation is called chncoin Chinese currency. Both of them collapsed successively in 2013 and 2014

3. The actual value of usdt can be said to be equal to 0. Teda Company, which issued usdt, stopped providing any services to American citizens, that is to say, Teda Company could not provide usdt to us dollar

extended information:

1. Fire coin is a safe and reliable bitcoin trading platform in China. It has won a round of ten million RMB capital investment from Zhenge fund, Dai Zhikang, Sequoia capital (shareholders of many world-famous companies such as apple and Alibaba). Fire coin implements strict risk control management and operates stably. As of the end of 2016, the accumulated turnover of fire currency reached 200 billion yuan

2. In the future, fire coin will mainly focus on overseas transactions. Founder Li Lin said in an open letter that he is currently carrying out five major businesses around the world, including fire coin global professional station, fire coin Korea, fire coin China, fire Coin Wallet and fire coin global dollar station. Among them, fire coin China focuses on blockchain technology R & D and application information, while fire coin Korea and fire coin global dollar station will continue to provide local legal currency to digital currency digital asset trading services

3. Bitcoin is BTC and eth is Ethereum
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009 [1]. 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
Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether (ETH)

warm tips:
1. The above information is for reference only, without any suggestions
2. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
response time: February 1, 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
4. BTC is bitcoin, ETH is Ethereum, and usdt is a kind of token issued by American tether company in order to be equivalent to us dollar
5. Yes, click BCH currency details in the asset page, and switch the K line to BCH / eth, then you can see the ETH value of the purchase cost at that time and the final profit and loss of eth.
6. Most of the well-known domestic hot money, okex, coin, bitcoin and eth exchanges have existed for a long time
7. The domestic spot transaction is better than the fire currency, the fire currency spot depth is better, and the OTC in and out of gold is relatively safe
okex indicates that the depth of contract transaction is better.
8. They are all excellent digital currencies. We recommend the coin easy platform, support RMB direct recharge purchase, recharge withdrawal and instant account arrival!
9. First of all, you need to understand what is the currency to currency transaction
transaction pair: it refers to pricing another asset (base currency) with one asset (quote currency), such as pricing eth with bitcoin (BTC), thus forming an eth / BTC transaction pair, The price of a trading pair represents how many units of valuation currency (such as BTC) you need to pay to buy one unit of base currency (such as ETH), or how many units of valuation currency (such as BTC) you can get to sell one unit of base currency (such as RTH)
in fact, it is currency to currency transaction, that is, currency to currency transaction: one kind of digital asset is directly exchanged for another kind of digital asset, and no legal settlement is involved. For example, BTC can be exchanged for LTC, or LTC can be exchanged back for BTC; Exchange eth for BTC, or exchange BTC for eth again. The transaction object of the currency to currency transaction is the "transaction pair" mentioned in the previous article. The price of the currency to currency transaction is the price of the transaction pair
the advantage of currency trading is to bypass the off-site legal currency trading, and directly complete the transactions between different currencies on the field, so as to avoid the miner's fee and time for withdrawing currency. Of course, the currency trading platform generally charges a certain handling fee, which is now 0.1% - 0.2%. For users with large trading volume, the burden is not small. During the promotion period, some new reliable platforms generally have the activities of recing or exempting handling charges and distributing candy. It is confirmed that reliable platforms can be tried. The traditional ones are bitcoin China and Huo coin, while the new ones are coin an and coin Sheng.
10. BNB, ecell and LTC are my favorite. I suggest that you buy them separately and share the risks equally. Don't put the eggs in the same basket.
Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750