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What does Coin Circle Little White mean (Introduction to Coin Circle Little White)

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What does Coin Circle Little White mean (Introduction to Coin Circle Little White)

According to Coin Circle News, on May 1, 2019, some media reported on the first Bitcoin futures trading platform in China – “BitMax Exchange”, marking the official launch of China’s first Bitcoin futures contract market. At this time, “BitMax” is also known as Bitcoin’s Little White, because the price of digital currencies fluctuates greatly, many people will refer to it as the “Little White of the Coin Circle” However, in a sense, the coin circle is actually a very complex market, and can even be said to be an investment environment full of risks and high returns. For example, in the blockchain industry that we are familiar with now, there are already many project parties running away or various air projects coming out to cut leeks, so everyone is not familiar with the coin circle. According to a report by Coindesk, more than $300 million in theft occurred between December 2017 and early 2018. This makes Bitcoin a major milestone in the Cryptocurrency industry: nearly 2 trillion new dollars enter the market; In addition, the market value of the asset reached a record high of $50 million, compared to a record high of only over 210 billion (approximately $400 million) for the entire year of last year. Introduction to Coin Circle Little White 1. What is Coin Literally, ‘coin’ refers to a virtual commodity in digital form. Usually, “currency” is equivalent to or exchanged with Fiat money for a token or a group of specific types of products, such as real estate or artwork Therefore, coins are a bridge to the blockchain world. By using digital technology and networks to establish trust mechanisms, traders can easily buy and sell anything of certain value. For example, when you purchase a property, you can use this method to obtain stock returns and other investment returns; If you own another company and hold shares in these companies, you can earn interest by selling these shares. Of course, without third-party participation, such profits will not be enjoyed. So ‘coin’ is not your money! 02. What is a coin Simply put, what currency do you want to obtain We call coins digital currency, which is actually much like a security because it represents an equity and also a right – the issuer decides ownership, and then determines whether the number of shares held is reasonable based on the actual situation. But over time, more and more investors have realized the importance of digital currency. They believe that digital currency is an unrestricted market activity that can bring Economic freedom and can exist in circulation for a long time in the future. 03. “Digital Gold”

For ordinary users, the first thing they need to know is: “digital gold”, “silver limestone”, “Gold standard”; Second, understand the relationship between Digital renminbi and Bitcoin. Digital Gold “refers to a new type of digital financial product that is a non subjective digital representation aimed at creating new productivity and trading globally In addition to investing in Bitcoin, there are also some very important areas worth paying attention to. They include:

1. Decentralized exchange

2. DeFi project

3. Stablecoin

4. Mine pool

5. Game developer

6. Safe port

1. American Express has officially launched an autopilot platform based on DLT technology

2. Bank of China is actively promoting the digital currency pilot program 7. The National Development and Reform Commission is conducting a technological innovation experimental project for small and medium-sized enterprises

8. SBIFinancial, a subsidiary of SoftBank Group of Japan, has announced the launch of its own blockchain service platform.

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