Digital currency convertor

1.

ways to purchase digital currency:

at present, digital currency is more like an investment proct. Due to the lack of a strong guarantee institution to maintain its price stability, its role as a measure of value has not yet appeared, nor can it be used as a means of payment. As an investment proct, the development of digital currency is inseparable from trading platforms, operating companies and investors

trading platforms play the role of trading agents, while some play the role of market makers. The profits of these trading platforms come from the current expenses and premium income of investors trading or holding digital currency

1. Investors need to register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time

2. Users can use the money in their cash account to buy and sell digital currency, just like buying and selling stocks and futures

3. The trading platform will sort the buying and selling requests according to the rules and start matching. If the requirements are met, the transaction will be completed

4. Due to the difference between the trading volume submitted by users, the trading request can be partially executed

take RBM operated by professional operation company opencoin as an example: ripple protocol was originally designed based on payment method, and its design idea was based on acquaintance relationship network and trust chain. Using ripple network for remittance or loan, the premise is that the payee and the payer must be friends or have common friends. Otherwise, the trust chain between users and other users cannot be established, and the transmission cannot be carried out

extended information:

the characteristics of digital currency are as follows:

1, low transaction cost

compared with traditional bank transfer, remittance and other methods, digital currency transaction does not need to pay fees to the third party, and its transaction cost is lower, especially compared with the cross-border payment of high handling charges to payment service providers

2, fast transaction speed

the blockchain technology used in digital currency has the characteristics of decentralization, and it does not need any centralized organization similar to the clearing center to process data, so the transaction processing speed is faster

3, high anonymity

in addition to the physical form of currency can achieve peer-to-peer transactions without intermediary participation, one of the advantages of digital currency compared with other electronic payment methods is that it supports remote peer-to-peer payment, and it does not need any trusted third party as intermediary

both sides of the transaction can complete the transaction in a completely strange situation without mutual trust, so they have higher anonymity and can protect the privacy of the traders, but at the same time, they also create convenience for cyber crime, which is easy to be used by money laundering and other criminal activities

2.

1. Digital currency

digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and password currency belong to digital currency

digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography

features: the use of P2P peer-to-peer network technology to issue, manage and circulate currency theoretically avoids bureaucratic examination and approval, so that everyone has the right to issue currency

Electronic money means that a certain amount of cash or deposit is exchanged from the issuer and the data representing the same amount is obtained. By using some electronic methods, the data is directly transferred to the payment object, so that the debt can be paid off. Strictly speaking, consumers pay traditional money to the issuers of electronic money, and the issuers store the equal value of traditional money in the electronic devices held by consumers in electronic form. In short, when we deposit money into our bank account, there will be an extra number in the bank account, which means how much money we have saved. In this process, we give the banknotes in our hands to the bank, and the bank adds a number to our bank card, which is our electronic currency

features:

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e-money and paper money (or physical money) can be easily converted to each other

the data of electronic currency corresponds to the same amount of physical currency

we need to pay physical money to the issuers of e-money (banks and other financial institutions) in order to exchange for the same amount of e-money

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3. The similarity between digital currency and electronic currency: both exist in the form of electronic data

The differences between digital currency and electronic currency are as follows:

electronic currency has an issuing institution, and the corresponding amount of physical currency in the institution can be exchanged with physical currency; However, digital currency has no specific issuing institution (decentralization) and can only exist in network data

at present, there is no international consensus on whether digital currency is a currency or not, so in China, the main form of digital currency is "investment proct", which is a rather risky investment proct, and only a few businesses are willing to accept digital currency consumption; Of course, some countries (Germany, etc.) have officially recognized the currency status of digital currency

3. These days, the tricks of swindlers are emerging in endlessly. Be careful not to be cheated. Be careful not to make Wannian boat!

4. This is actually very simple. Let's take Qianfeng mall as an example. Qianfeng team created digital currency Qianjin card and Qianfeng mall. The only payment method of Qianfeng mall is Qianjin card, so you can use digital currency to shop in Qianfeng mall
of course, the same is true for other digital currencies. As long as businesses accept digital currency payment, bitcoin, Ruitai, Laite, doggy and other digital currencies can be used as a payment method.

5. DCEP hasn't come out yet. There will be a way out by then. Don't worry
you can buy and sell digital currency on a regular exchange, which is not illegal. But now the instry is not very sound, there are many leek cutting projects, currencies and small pheasant exchanges, so we should pay more attention to safety.

6.

It can not be said to be a fraud, but there are certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value

since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable

extended data

to explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money"

new technology does make the conceptual boundary of money more blurred. Theoretically speaking, the new monetary economics points out the possibility of the disappearance of money, that is, legal paper money is no longer the only medium of transaction, and is eventually replaced by financial assets issued by the private sector that generate monetary income

in reality, although the status of fiat money is still unshakable, there have been various local scenes of private money in history, such as the universal warra system in Germany in the 1920s. Now the digital currency with the characteristics of decentralization makes the challenge of private currency increasingly prominent< br />