1 thought on “jewelry distributor wholesale How does Bitcoin become cash”
Stuart
which china wholesaler sells de bello jewelry The country has banned Bitcoin transactions, so domestic cash cannot be exchanged and need to go to overseas platforms.
The expansion information:
. Digital currency abbreviation is the abbreviation of the English "Digital Currency" (digital currency), which is an alternative currency in the form of electronic currency. Digital gold coins and password currency belong to digital currencies.
D digital currency is an uncontrolled, digital currency. It is usually issued and managed by developers and is accepted and used by members of a specific virtual community. The European Banking Administration defines virtual currency as: digitalization of value, which cannot be issued by the central bank or the authorities or linked to the fiat currency. Essence
. According to the relationship between the digital currency and the real economy and the real currency, it can be divided into three categories: 1, completely closed, has nothing to do with the real economy, only can only be related to the real economy and can only be only possible. Use in a specific virtual community, such as World of Warcraft Gold; 2, you can buy real currency but cannot be exchanged for real currencies, which can be used to buy virtual products and services, such as Facebook The ratio and real currency are redeemed and redeemed. You can buy virtual commodity services or real product services, such as Bitcoin.
. The process of trading through the platform through the platform is as follows: 1. Investors must first register accounts and obtain digital currency accounts and US dollars or other foreign exchange accounts. 2, users can use the money in the cash account to buy and sell digital currencies, just like buying and selling stocks and futures. 3. The trading platform will start matching the purchase request and selling requests in accordance with the rules. If it meets the requirements, it will be sold. 4. Due to the difference between the user submitted the amount of buying and selling, one buying or selling request may be partially executed.
4. Features:
1, low transaction costs Compared with traditional bank transfers, remittances and other methods, digital currency transactions do not need to pay for third parties. The transaction cost is lower, especially for cross -border payment to provide high handling fees compared to the payment service provider. 2. Fast transaction speed The blockchain technology used in digital currency has the characteristics of decentralization. It does not require any centralized institution similar to liquidation centers to process data, and the transaction processing speed is faster. 3, height anonymous In addition to the real -object currency can achieve point -to -point transactions that have no intermediary participation, one of the advantages of digital currency compared to other electronic payment methods is to support remote point -to -point payment. Any credible third party is used as an intermediary, and the transaction can complete the transaction without completing each other without trusting each other. Therefore, it has higher anonymity and can protect traders' privacy. It is easy to be used by money laundering and other criminal activities.
which china wholesaler sells de bello jewelry The country has banned Bitcoin transactions, so domestic cash cannot be exchanged and need to go to overseas platforms.
The expansion information:
. Digital currency abbreviation is the abbreviation of the English "Digital Currency" (digital currency), which is an alternative currency in the form of electronic currency. Digital gold coins and password currency belong to digital currencies.
D digital currency is an uncontrolled, digital currency. It is usually issued and managed by developers and is accepted and used by members of a specific virtual community. The European Banking Administration defines virtual currency as: digitalization of value, which cannot be issued by the central bank or the authorities or linked to the fiat currency. Essence
. According to the relationship between the digital currency and the real economy and the real currency, it can be divided into three categories:
1, completely closed, has nothing to do with the real economy, only can only be related to the real economy and can only be only possible. Use in a specific virtual community, such as World of Warcraft Gold;
2, you can buy real currency but cannot be exchanged for real currencies, which can be used to buy virtual products and services, such as Facebook The ratio and real currency are redeemed and redeemed. You can buy virtual commodity services or real product services, such as Bitcoin.
. The process of trading through the platform through the platform is as follows:
1. Investors must first register accounts and obtain digital currency accounts and US dollars or other foreign exchange accounts.
2, users can use the money in the cash account to buy and sell digital currencies, just like buying and selling stocks and futures.
3. The trading platform will start matching the purchase request and selling requests in accordance with the rules. If it meets the requirements, it will be sold.
4. Due to the difference between the user submitted the amount of buying and selling, one buying or selling request may be partially executed.
4. Features:
1, low transaction costs
Compared with traditional bank transfers, remittances and other methods, digital currency transactions do not need to pay for third parties. The transaction cost is lower, especially for cross -border payment to provide high handling fees compared to the payment service provider.
2. Fast transaction speed
The blockchain technology used in digital currency has the characteristics of decentralization. It does not require any centralized institution similar to liquidation centers to process data, and the transaction processing speed is faster.
3, height anonymous
In addition to the real -object currency can achieve point -to -point transactions that have no intermediary participation, one of the advantages of digital currency compared to other electronic payment methods is to support remote point -to -point payment. Any credible third party is used as an intermediary, and the transaction can complete the transaction without completing each other without trusting each other. Therefore, it has higher anonymity and can protect traders' privacy. It is easy to be used by money laundering and other criminal activities.