Can you still buy virtual currency directly in China
Radar currency is a kind of virtual currency, which does not have the value of real currency and has high risk, so it should not be invested
in 2017, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the risks of token issuance and financing, which clearly pointed out that the token or "virtual currency" used in token issuance and financing is not issued by the monetary authority, has no monetary attributes such as legal compensation and mandatory, and does not have the same legal status as currency, It cannot and should not be used as currency in the market
at the same time, the announcement also pointed out that illegal selling and circulation, raising so-called "virtual currency" from investors, such as bitcoin and Ethernet, is essentially an unauthorized illegal public financing behavior, which is suspected of illegal selling token bills, issuing securities, illegal fund-raising, financial fraud, pyramid selling and other illegal criminal activities
extended materials
the value of real currency or something with monetary attribute is guaranteed from two aspects: one is the strong state power guarantee and endorsement, the other is the general public use and irreplaceable. Therefore, virtual currency is obviously not real currency<
after the regulatory authorities have made clear their attitude, although bitcoin China, huocoin.com and other "virtual currency" operators have successively taken restrictive measures on the trading platform, the risk of "virtual currency" speculation still deserves high vigilance
in response, the China Internet Finance Association also said in the "tips on preventing the risks of bitcoin and other so-called" virtual currencies ", that bitcoin and other so-called" virtual currencies "lack a clear value basis and are increasingly becoming tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other criminal activities
investors participate in speculation through the "virtual currency" trading platform, and face the risk of price fluctuation, security risk, platform technology risk, etc., which need to be borne by investors themselves
e to the decentralized programming of bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly 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: January 25, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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China is not open to bitcoin trading at present
now many of the domestic are swindlers
that is to use you to trade frequently and lose all your handling charges
because the handling charges of block transactions are all in US dollars, and the handling charges are very high
it's better not to buy or sell. If you are cheated, your complaint will be difficult to accept