Ann currency exchange digital currency development, to find Li : [7824] 180 micro 2713- electrical, digital currency platform, virtual currency trading platform allows the exchange of digital money, digital currency development platform, currency trading platform, trading software development , exchanges, trading platforms, trading networks, stock exchanges, digital currency trading platform, block chain mining platform development, mining app development block chain, chain block mining
Place intelligent Ethernet concept is not the first contract, but the contract Ethernet Square, yet intelligent integration into a reality. The so-called smart contract, refers to a specific period of execution of the program, you can perform the functions of self-realization, and to achieve the computing, storage, error correction and other functions in accordance with the procedures set. The emergence of smart contract block chain technology to make the start in a number of commercial applications to landing. At present, many block chain practice in the early stages of commercial use, mainly to achieve the basic block chain through smart technology contracts.
The definition of digital currency exchange
Digital currency exchange refers to the inter-digital currency, digital currency with legal tender between dealmaking platform, it is the main place encrypted digital currency in circulation and transaction price determination.
Compared with traditional stock exchanges, in addition to digital currency exchange brokered deal, also assume the role of market makers and investment banks. The role of market makers to increase liquidity of the exchange market, the exchange earn trading post. The role of investment banks provide currency exchange digital distribution, underwriting and other services, currency exchange payment of the fee, or charge a deposit in the form of the exchange community vote.
Classification of digital currency exchange
At present, most digital currency exchange are centralized exchange, the exchange can be divided into legal tender, coins currency exchange, futures exchange and so on. Decentralized exchange is the center for many of the drawbacks of the exchange, and the exchange of practice block chain decentralized consensus generated.
(A) of the Exchange Center
1. Exchange of legal tender
Fabi Exchange allows users to convert fiat money into digital currency, as it involves local banking regulatory legislation, the type of legal tender general law currency exchange can be traded more limited, the current global total of 23 digital Stock Exchange launched legal tender transactions and the trading volume generated. French currency exchange can be divided into two types:
· One is the exchange floor as Coinbase, K nets, the venue is one that can exchange by credit card or direct bank transfer transactions to purchase digital currency from an exchange.
· The second is called off-exchange, including currency net fire, OTCBTC, Gate and so on. OTC Exchange user is a user to complete the match with another digital currency payment transactions outside the exchange by the exchange.
2. coins currency exchange
Currency exchange allows users to convert the currency already has a digital digital currency into other currencies, the whole process does not involve any legal tender. Because of the relatively loose supervision by the mainstream digital currency exchanges are subscribed to this feature.
3. Futures Exchange
High-risk futures trading, allowing leveraged transactions, subject to regulatory around the regulations more stringent. And transaction threshold is high, a relatively small audience. Currently the world's only nine digital currency Stock Exchange launched futures contracts and the trading volume of business generated. BitMEX is a pure Futures Exchange, trading volume is also the largest digital currency exchange, daily trading volume of over 20 billion yuan.
Figures in the Currency chain in core areas
Digital industry chain, including digital currency monetary items, exchange, wallet, media services, mining, and other sectors to pay. Exchange is one of the most profitable sectors, but also the most part of the right to speak, because they hold the digital channels of monetary items traded.
Digital currency exchange profit model
Digital currency exchange primarily by charging transaction fees on currency project costs, as well as digital currency business make the difference maker, etc. profitability.
Transaction fees: Transaction fees like transfer costs among the stock trading process transactions, fee-free trading platform does not exist, trading platforms rely mainly on transaction fees to make money. Many platforms are currently known fraction of the transaction fee, and some just open exchange is one-thousandth, or some fee-free time, relative fees may be lower.
okex digital currency exchange development, to find Li: [7824] 180 micro 2713- electrical, digital currency platform, virtual currency trading platform allows the exchange of digital money, digital currency development platform, currency trading platform, trading software development, exchanges, trading platforms, trading networks, stock exchanges, digital currency trading platform, block chain mining platform development, mining app development block chain, chain block mining
Project costs on coins: In the current domestic "currency speculation were" trading, the main way for investors to use cash to buy over the counter "legal tender" (that is recognized in a specific digital asset exchange virtual currency in circulation), and then the purchase tokens in a digital asset exchange issued by the issuer of legal tender.
For token issuer, issued a virtual currency exchange assets in the digital mode, similar to the issue of new shares in exchange. It is noteworthy that, because there is no regulation on the issue of tokens, so investors can not tell whether the issuer to make illegal cash. Across the globe, every day there are new digital currency currency, we want to enter the open market exchange transactions. With respect to the domestic stock market approval system, digital currency is traded and no approval procedures, only part of the exchange fee "fees on the money."
Currently one kind of token want to issue traded on an exchange, distribution costs are mainly composed of three parts, the first is the currency fees, different costs of different exchanges ; the second is to drop benefits, token issuer needs to come part of tokens to exchange for a registered investment to attract investors, similar to the P2P in the "wool"; the third part is the Exchange will require a certain percentage of the investment at a low price of tokens.
For a token fee scale fees, the reporter has learned different different exchanges fees, charges have hundreds of million yuan, also received hundreds of Bitcoin, but are more than one million. With investor enthusiasm for foreign currency speculation rising, almost every large digital asset exchange income line on the new currency, the exchange of many items from the coins fee per day.
Digital Currency market maker business to make the difference: Digital money market hot, another reason is to provide liquidity tokens trading transactions, market-making is to provide liquidity, soaring prices of many digital currency, the exchange served as a behind the scenes pushing hands.
To act as a market maker on the exchange, the spread earned by the sale transactions with different counterparties, while many on the Exchange at the time of digital currency exchange tokens will required to pay a portion of the token as a support for the currency flow of the cost to do to protect the city. Which is part of the exchange for tokens at no cost, so the exchange market-making process in which costs can be basically negligible. Figures in the Currency Exchange market maker, through continuous trading, creating liquidity, act as market makers, business at the same time earn the difference.
Currency platform digital currency exchange
Many digital distribution platform for currency exchange also as a means of financing and currency exchange ecological communities through evidence, according to incomplete statistics, the current platform has been issued currency exchange Chaoguo 20 home including HT currency security of BNB, fire coin, OKEx the OKB, KuCoin of KCS, Dew of DEW and so on.
Digital currency exchange itself is the entrepreneurial team, they distributed platform currency exchange BTC, after ETH, to the secondary market to sell, you can exchange for legal tender currency support digital platform development.
Of course, smart contract again , "smart" is not entirely without error, after all, it is in itself a program, the program will have a bug, once the program is very complicated set of easy to produce vulnerability, which was exploited by hackers. There are statistics that, over the past few years hackers stealing billions of dollars of digital currency by block chain technology vulnerabilities. Future contracts for intelligent vulnerabilities may also require a lawyer review the contract as it is now, like, intelligent review of contracts by hand.