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Digital currency stocks

Publish: 2021-03-23 09:56:00
1. The issue of digital currency can not only rece the high cost of traditional paper currency issue and circulation, but also better serve our virtual economy. Previously, bitcoin and other data currencies were legalized in California, and the Bank of England also considered issuing digital currency, which opened a good foundation for digital currency circulation. With the issuance of digital currency in China, the penetration rate of mobile payment will rise by leaps and bounds, and the enterprises that take the lead in the layout will have broad prospects for development
in the A-share market, the concept stocks related to mobile payment mainly include: Hengbao shares, new world, Tianyu information, Zhongke Jincai, national technology, new cape, new Guo, etc.
2. CBDC, the full name of central bank digital currency, translated as the central bank digital currency. The Bank of England, in its Research Report on CBDC, gives this definition: central bank digital currency is the electronic form of central bank currency, which can be used by households and businesses to make payments and store value. The Chinese version of CBDC is described as digital RMB, which is issued by the people's Bank of China, operated by designated operators and exchanged to the public. It is based on the generalized account system, supports the loose coupling function of bank accounts, is equivalent to banknotes and coins, and has value characteristics and legal compensation. What we call DC / EP is the Chinese version of the central bank's digital currency, translated as "digital currency and electronic payment tools". The center for International Settlements (BIS) and the Committee on payment and market infrastructure (CPMI), two authoritative international organizations, jointly concted two questionnaires on more than 60 central banks in 2018 and 2019. The content of the questionnaire includes the work progress of central banks on digital currency, the motivation of studying digital currency and the possibility of issuing digital currency. 70% of central banks said they are (or will be) involved in the research of digital currency
response time: August 6, 2020. Please refer to the official website of Ping An Bank for the latest business changes

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3. Stocks are not traded 24 hours a day, and there is a limit on the rise and fall of stocks. Digital currency is traded 24 hours a day. There is no limit on the rise and fall of stocks, so it can be traded freely. So now many speculators have switched to digital currency trading.
4. In fact, there is no essential difference between digital money fund stocks. It's all the same operation mode and operation method.
5. Yes, of course. The digital currency issued in the future is equivalent to the paper currency now. It is also the endorsement of national credit. Forced. The difference is just digital. After the implementation of digital currency, you can no longer see so many notes circulating in the market. Any transaction can be completed with a few symbol codes. It is convenient and fast, and has strong traceability.
6. The difference between digital currency speculation and stock speculation:
1. In terms of time, there is a time limit for stock speculation, but there is no time limit for currency speculation
the time limit of stock speculation is very strict, opening at 9:30 a.m. and closing at 11:30 a.m; It opens at 13:00 p.m. and closes at 15:00 p.m. with 4 hours of trading a day and 20 hours of trading a week. However, there is no such limit to speculation, trading 24 hours a day. Because the currency market is open to all over the world, in order to enable everyone to participate in trading and break the trouble caused by time difference, a 24-hour all day trading mode has been set up
2. In terms of the range of rise and fall, the stock market has the limit of rise and fall, but the currency market does not
the daily fluctuation of stock market can't exceed 10%, but the fluctuation of currency market is very huge. For example, on September 4, 2017, the central bank issued an announcement, pointing out that domestic financing activities in the form of issuing tokens, including initial token issue (ICO), are suspected of engaging in illegal financial activities, seriously disrupting the economic and financial order. The announcement triggered a major earthquake in the currency circle, and all currencies plummeted. After the central bank document was issued at 3:00 p.m. on September 4, all virtual currencies dived. The currencies in the trading area fell by about 4% - 20% in three days, and the currencies in the innovation pilot zone fell by about 15% - 50%

warm tips:
1. The above explanations are for reference only
2. Before investing in digital currency, it is recommended that you first understand the risks of 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: March 11, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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