In fact, there is no legal virtual currency in China. All currencies are illegal, but speculation in China is not illegal. The so-called "regular virtual currency" is nothing more than a more reliable stable currency, not an air currency. At present, there are many relatively reliable virtual currency types in China, such as Bitcoin, the originator of altcoins, Fuyuan Coin in the jewelry industry, and dogecoin, which focuses on small rewards. , in addition to Ethereum, Yuanbao, Kate, Quark, Infinite, Civilian and so on. However, although virtual currency is legal in China, it is illegal to conduct pyramid schemes under the guise of virtual currency.

China’s top ten virtual currencies

1. Bitcoin

Abbreviation: BTC

Bitcoin was born in 2009. It is a relatively scarce virtual currency, so the market has maintained a good trend. It has great collection value and is recognized by many people.

2. Ethereum

Abbreviation: ETH

Ethereum, known as "Bitcoin version 2.0", is still widely used today. You can buy and sell on many trading platforms. It is also a very popular virtual currency in recent years, with a good growth rate.

3. Bitcoin Cash

Abbreviation: BCH

Bitcoin was born in 2017. It can also be said to be a new version of Bitcoin virtual currency. It was started by a handful of Bitcoin developers and has the support of many people across the network. Its value is also relatively high.

4. Currency Securities Currency

Abbreviation: BNB

Binance was born in 2017 and is a very popular virtual currency around the world. Appreciation is very rapid. It is issued by the Coin Stock Exchange. According to statistics, currently, the total amount of Binance is about 300 million.

5. Boca Coin

Abbreviation: Points

The current currency was born in 2015, so it has been 6 years. It is a platform token issued by the Polkadot platform and has maintained an upward trend in the market in recent years. It is one of the top virtual currencies in China.

6. Litecoin

Abbreviation: LTC

Litecoin was born in 2011, and its creation was inspired by Bitcoin. At present, Litecoin has a good market, occupies a certain market share, and is quite popular in many countries and regions around the world.

7. Ripple Currency

Abbreviation: XRP

Ripple was born in 2011 and is the only universal currency of the Ripple system. It has become very popular in recent years and has won the support and recognition of many small businesses. It is also of great collection value.

8. International Development Association Currency

Abbreviation: ADA

Aida Coin was born in 2015 and is affiliated with Cardano. Its main feature is fast transaction speed. According to statistics, there are currently 45 billion Aida coins, and its market value is in a leading position in the industry.

9. XTZ currency

Abbreviation: XTZ

This currency is a virtual currency officially born in 2014. It is the abbreviation of Tezos. It is still famous and popular in China and is one of the top ten virtual currencies in China.

10. Link Currency

Abbreviation: Link

Coin was born in 2017. Its full name is Chain LINK and it is one of the top ten virtual currencies. Headquartered in San Francisco, the United States, it is relatively well-known in the country and has good market value.

Attention to funds is an important indicator for evaluating virtual currencies. If Bitcoin had no financial attention, a few years ago 10,000 Bitcoins could only buy one pizza. Currently, to stand out among hundreds of complex currencies, you need to focus on a certain amount of money.