Digital currency has no requirements for mobile phones. Digital currency is an alternative currency in the form of electronic currency and has nothing to do with mobile phones. Digital currencies are usually issued and managed by developers and accepted and used by members of specific virtual communities.

The European Banking Authority defines virtual currency as: a digital representation of value that is not issued by a central bank or authority and is not linked to legal currency, but because it is accepted by the public, it can be used as a means of payment or as a means of payment. Transfer, storage or transaction in electronic form.

Extended information

The process of digital currency transactions through the platform is as follows:

(1) Investors must first register an account and obtain a digital currency account and US dollars at the same time Or other foreign exchange accounts.

(2) Users can use money in their cash accounts to buy and sell digital currencies, just like stocks and futures.

(3) The trading platform will sort the buy requests and sell requests according to the rules and start matching them. If the requirements are met, the transaction will be completed.

(4) Due to the difference between the buy and sell volumes submitted by the user, a buy or sell request may be partially executed.

Baidu Encyclopedia-Digital Currency