Which exchanges are QBT coins listed on (are BTCs listed on the exchanges)?

It’s not good to buy now, and it’s not good to pull the market.

The skyrocketing rise of cryptocurrencies represented by Bitcoin has made many people see the business opportunities and the truth about Bitcoin, so various white papers have been released one after another, saying that their coins are developing far and any platform can issue coins.

But what we need to know is that this situation will occur every time Bitcoin’s bull market occurs, but only the gains of Bitcoin and Ethereum have allowed more investors to taste the gains.

This shows that the value of virtual currencies depends on the chain behind them, or the value of the technology behind them. If the foundation of a project is air, then the market value of air coins will not last long.

The way to judge whether it is a scam currency mainly depends on whether the currency has been listed on the exchange first. The risk of agent investment is relatively high, so it is best not to invest on behalf of others. Now is not a good time to participate in ICO.

On the other hand, even if you are on an exchange, you still have to check whether the technology represented by their tokens really has investment value. You need to experience it or contact people who have experienced it. Otherwise, it has no value, and you will be cut off if you buy it. In the end The project party gave up the offer and no one took over.

Virtual currency refers to non-real currency. There are hundreds of digital currencies issued around the world. The legends of "Bit Gold, Lite Silver, Infinite Copper, and Penny Aluminum" are popular in the industry.

According to notices and announcements issued by the People's Bank of China and other departments, virtual currency is not issued by a monetary authority, does not have legal and compulsory monetary attributes, is not a currency in the true sense, and does not have the same legal status as currency. It cannot and should not be used as currency in the market, and citizens’ investment and trading in virtual currencies are not protected by law.

On the evening of May 18, 2021, the China Internet Finance Association, the China Banking Association, and the China Payment and Clearing Association jointly issued the "Announcement on Preventing the Risks of Speculation in Virtual Currency Transactions."

The announcement clearly states that relevant institutions are not allowed to carry out business related to virtual currencies, and reminds consumers to increase their awareness of risk prevention and beware of losses of property and rights.

The above is the detailed content of Which exchanges are QBT coins listed on (are BTCs listed on the exchanges)?. For more information, please follow other related articles on the PHP Chinese website!