Jex digital currency
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at present, there are few countries in the world that issue supervision licenses for digital currency asset transactions, such as austrac license in Australia, MTR digital currency transaction / wallet license in Estonia, token license in Thailand and jvcea virtual currency transaction license in Japan
among the digital currency trading licenses in the above countries, Japan and Thailand have too high qualification requirements, and few exchanges or indivials meet the qualification requirements
Australia austrac and Estonian MTR can basically meet the qualification requirements. However, after the amendment of Estonian act on March 10, 2020, and the promulgation of the act on qualification, capital verification and local actual office space, the application cycle will be extended accordingly
at present, only ausrac in Australia is the most suitable license for digital currency asset trading license. It does not need capital verification, certificate fee and local office address. The application cycle is short and the qualification requirements are low. It can basically meet the qualification requirements. It has high international reputation and is the most cost-effective license at present. It can be considered directly
in addition, the performance of Jex options is also average, and the main limitations are too strong. As the fast pace of digital currency, Jex options can choose a long period, and the option period is at least one week. Compared with the new generation of financial derivatives platform bitoffer, it provides a variety of time cycle options, including 2 minutes, 5 minutes, 15 minutes and 1 hour, which is more flexible and enters a fast pace, You can play anytime, anywhere
take a simple example, for example, when the current price of bitcoin is $10000, you think it will fall in the next hour, so you bought a 1-hour put option in bitoffer and spent 5 usdt. As expected, bitcoin dropped by 2000 points in the following hour. When the option matures, you will get 2000 usdts in return.
The only bitoffer option in the world doesn't need to be exercised when it matures. Other options need to be exercised. That is to say, they are basically European options. Traditional options are extremely complex and costly
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