How to represent digital currency

1. If you do it yourself, you can register an account. If you want to be a platform, you can act as an agent. Now I am acting as an agent platform

2.

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

3. To invest in digital currency, simply put, it is to find an exchange with digital currency online to buy currency, and then wait for the currency to appreciate before selling it, or lose money. To be specific, it is similar to buying stocks

at present, most of the larger digital currency exchanges, such as binance, coinbase, Kraken and bitfinex, are abroad, and even some exchanges have stopped registering new users, which makes it inconvenient for domestic users to buy. If you want to invest in digital currency, there are also some digital currency P2P trading platforms which are located overseas but provide Chinese services. However, we should pay attention to the risks and whether the platform is safe and reliable

in fact, there is only a line between investment and speculation in digital currency. Although judging from the price changes in the past few years, such projects have the characteristics of high return, compared with the existing investment channels, such projects also have very high risks. It can be expected that some countries will issue digital currency with public power endorsement in the future, but we can't make a clear judgment about the future trend of the existing digital currency. But whatever you do, you need to be aware of the risks.

4. Where do digital currencies usually trade? Generally, they go to the toobi platform to trade, which is a platform for digital currency trading

5. Digital currency trading, stock trading and futures are all of the same type of trading, so you should first understand the market situation and learn more financial knowledge before you can enter the market. Those who are deep in the financial market should be cautious.

6.

So far, digital currency MCC has been issued for nearly 10 months

< H2 > about MCC < UL >

Chinese Name: xingyunbi

time of issue: September 6, 2017

online exchanges: 4

< / UL >

7. In fact, I don't think there are any special requirements for acting as an agent. The simplest thing is that you can become an agent as long as you have the customer resources (interested in digital currency)

8. Never heard of it. To be a digital currency is to be a mainstream currency