Income sources of digital currency trading platform

1.

Basic routine: the "trading market" of MLM digital currency is basically controlled by specific institutions. In order to attract investors' investment in the early stage, the currency price may be very high. Once the time is ripe, it will be sold intensively, and the price will plummet, and the investors will lose all their money

There are three characteristics of digital money MLM:

1. Digital money is a real proct, and it is highly packaged

2. The participants can get a head pulling reward, and the prize is the digital currency itself

3. Digital currency will appreciate with the increase of participants in the scam. In the cycle of digital currency appreciation, the number of participants who can obtain digital currency will also increase, and the participants, including the lowest level participants, will also gain, but in the cycle of devaluation, the bottom level participants often lose a lot

in 2017, the Internet Finance Association of Jiangsu Province issued the "internet pyramid selling identification guide", which named 26 so-called digital currencies as illegal pyramid selling projects covered or suspected to be covered with digital currency. They are: treasure money, Baichuan money, SMI, MBI, mark money, Diablo money, mmm, Fuda compound wealth management, carat money, V treasure, Vicat money, petroleum money, Huaqiang money, CB aiib Hong Kong Group, Yuansheng, Morgan money, beta money, WorldCom, u money, Jubao, 21st century fox, Wanxi wealth management, Wanfu money, Wuxing money, Yi money, Zhonghua money, etc

extended materials:

five ways to distinguish whether digital currency is pyramid selling currency:

1. Issuance mode

virtual currency does not rely on specific monetary institutions. It is proced by a large number of calculations according to specific algorithms, and is a decentralized issuance mode. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head

2. Transaction mode

virtual currency is a kind of sporadic transaction spontaneously formed in the market, which is graally completed by a third party establishing an exchange after the scale is formed. The MLM currency is issued by an institution and traded on its own platform

3. Implementation method

virtual currency itself is an open source program, which is maintained in GitHub community. The parameters and methods of the total amount limit are shown in the open source code. The open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, so its essence is controlled by the website like Q currency

4, whether to give the source code link

General decentralized digital currency will give the source code link in the prominent position of the official website, so as to show the operation mechanism of the monetary system openly and transparently. The MLM currency focuses on the transaction process of recharge purchase, but does not mention its operation mechanism. Even the website does not have the link address of the source code

5, whether the official website starts with HTTPS

generally, the addresses of the official website and trading website of decentralized digital currency start with HTTPS, and the purpose is that this kind of website can well protect the user's data from illegal theft. But the official website of MLM currency, trading website and other related websites do not start with HTTPS

2.

First of all, we need to know what digital currency is. Digital currency is characterized by decentralized transaction currency. The most famous is bitcoin. However, digital currency has not been recognized by China in recent years. Recently, China plans to issue China's digital currency DCEP, or DC for short. Digital currency itself is currency. When you ask how to make money, you are actually asking, How does money make money? In fact, there are many channels. First, we will have funds in the later stage to conct private placement of digital currency. Second, how do we usually earn RMB? Now, when we promote the use of digital currency in China, we will use digital currency to earn money

as a digital currency, in fact, what China issues is similar to legal currency. The purpose of legal currency is to stabilize the RMB, which should float up and down 1:1 per second. According to different exchange rates, DCEP: usdt will float up and down 7:1. In the later stage, it may be 1:1 according to China's increasing competitiveness, which is also graally declining in recent years

as a digital currency, if you want to make money, there are many ways. Major exchanges can convert it into different digital currencies. Other digital currencies may not be as stable as usdt and DCEP, and the price will keep rising and falling according to the demand. At this time, we can buy and sell stocks in a similar way to earn the price difference, If you don't enjoy it, many digital currency exchanges provide contracts, which can buy and sell multiple times, or be bullish or bearish, or even hundreds of times at most. Many people get rich through this way, but there are also many people who lose their property. In addition, this kind of exchange will make your currency return to zero in a way, We should be wary of many such exchanges running away - refer to the second largest exchange checked OK exchange

in addition, as a national form of digital currency, there should be short positions. For example, China's state-owned enterprises carry out digital transformation to form community-based currency, which may be airdropped according to the DCEP they hold. This is my guess

in addition, defi's liquidity mining, commonly known as market making, is more popular now. In the later stage, it may replace the exchange. Everyone is an exchange and can charge a handling fee

3. Digital currency can be considered as a virtual currency based on node network and digital encryption algorithm
the core characteristics of digital currency are mainly reflected in three aspects:
firstly, e to some open algorithms, digital currency has no issuing subject, so no one or organization can control its issuing
because the number of algorithm solutions is determined, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency
③ as the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
at the same time, digital currency is also a kind of venture capital. Some people can make profits in this market, while others can make losses in this market. To make money from digital currency investment, one is mining, the other is trading through the platform. Digital currency has price fluctuations, which is theoretically investable

warm tips: the above explanations are for reference only, and do not represent any suggestions. Before investing, it is suggested 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: December 9, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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4. Well, digital currency still needs to be cautious to go to some big platforms, and there are some guarantees. You can also choose to have the real economy, that is, digital currency can generate real value on this platform, which is also good, with more guarantees

5. Digital currency is not legal tender, which is not recognized by central banks. In other words, digital currency is not supported by national credit or physical support, which is the game of speculators. The prices of mainstream digital currencies such as bitcoin and lightcoin are like roller coasters, and there are constantly trading platforms running away. You still want to enter the market. It can be seen that you are still new to these things. You are not recommended to intervene. Many retail investors enter the market with a speculative mentality. The vast majority of them are leeks, which have been harvested without return.

6. There are no more than three kinds of profit and loss: profit, loss and balance. In all three cases, the user's transaction fee can be charged
assume that the current BTC price is 4000 and the handling charge is one thousandth. The first-hand transaction fee is $4. In the case of profit and balance, it is profitable for the exchange. In two-thirds of cases, it is profitable, and there is a mechanism of position explosion. So you make money anyway. If you want to open an exchange, please contact me

7. Trading platforms act as trading agents, while some act as market makers. The profits of these trading platforms come from investors' trading or withdrawal of current fees. DCPRO

8. Yes, it's only in okex that there's a perpetual contract for bitcoin.

9. There are many people who make money from this, but you don't know how many people won't let all the money be lost, so be careful to join.

10. In fact, this is very simple. People who recharge need to buy at a price higher than the market price, while people who cash out need to sell at a price lower than the market price. Dealers rely on this price difference. For example, the BTC market price is 40000. People who recharge need to buy at 40050, while people who cash out need to sell at 39050. This price is just a list. You have to check the price difference yourself.