Selling usdt scam at a low price

It is an illegal financial activity for middlemen to earn the difference.

On March 22, according to the information displayed in the self-selected trading area of a head exchange, different merchants have different payment channels, trading quotas and trading prices. Among them, the selling price of USDT is mainly in the range of 6.32 -6.34 yuan, while the buying price of USDT is mostly in the range of 6.33 -6.36 yuan.

"This USDT can earn at least 1-4 cents. When the market fluctuates violently, the price difference will be even greater. For some players who want to catch up with the market, some people will want to sell to 6.5 yuan. The price of USDT will also change, but there will be no loss on the principal under the premise that the total amount of money held remains unchanged. " Wang Li pointed out. But Wang Li is tight-lipped about the monthly profit of this trading model.

Li Ya, a partner of Wenzhong Law Firm, pointed out that the exchange of virtual currency, as a central counterparty to buy and sell virtual currency, and providing information intermediary and pricing services for virtual currency transactions are all illegal financial activities identified by the regulatory authorities, which are strictly prohibited and resolutely banned according to law. If it constitutes a crime, criminal responsibility will also be investigated according to law.

On the other hand, in C2C trading mode, users need to transfer money to the merchant's account first, and then the merchant "puts money" on the platform. Liu Feng, director of university of international business and economics Blockchain Technology and Use Research Center, said that under this model, it is not excluded that some people use fraud to collect money, instead of "releasing money", so that buyers suffer financial losses.

As early as 2065438+September 2007, seven ministries and commissions, including the central bank, issued the Announcement on Preventing the Financing Risks of Token Issuance, clearly pointing out that any so-called token financing trading platform shall not engage in the exchange business between legal tender and tokens and virtual currency, and shall not buy or sell tokens or virtual currency as a central opponent.

At the end of 20 17, three head exchanges successively launched C2C trading mode. Users everywhere can buy and sell virtual currency through local legal tender, and the platform no longer touches users' funds. The essence of C2C is "e-commerce between individuals", and the price and transaction form of buyers and sellers are chosen by users themselves. C2C has also become a necessary link for users to enter the market.

In C2C transactions, the transfer of legal tender funds mainly depends on banks and other channels, and various financial institutions and third-party payment institutions have also implemented strict risk control measures for this transaction, freezing and blocking risky trading accounts.

"Now it is basically necessary to deposit at least 7 days of funds, but also check the platform transaction flow and credit rating to determine the real participation in virtual currency transactions." Wang Li pointed out.

Trading activities are not protected and rights and interests are easily damaged.

Under the pressure of supervision, the trading activities in the currency circle are more secretive, and the C2C trading model is in a gray area because it has not been explicitly stopped by supervision, which provides convenience for currency speculation. However, according to the requirements of the central bank, financial institutions and non-bank payment institutions may not directly or indirectly provide products or services such as account opening, registration, trading, clearing and settlement for "virtual currency".

Many banks and payment institutions also explicitly prohibit accounts from being used for virtual currency transactions. In May, 20021year, a bank explicitly announced that no institution or individual may use the bank account to recharge or withdraw transaction funds such as Bitcoin and Litecoin, buy or sell related transaction recharge codes, or transfer related transaction funds through the bank account.

"In China, regulators oppose the trading of virtual currency. The C2C transaction of virtual currency adopts the method of transferring money directly to individual users. Although it is easy to evade supervision, it also faces two problems. " Li Ya pointed out that, first, the transaction itself is not protected by law. Once one party breaches the contract, the other party can't apply our laws to protect its own rights and interests, and can only face the losses directly. Secondly, if the virtual currency C2C transaction involves exchanges and intermediaries, it will be recognized as illegal financial activities and will be banned and

Related Q&A: What currency is USDT? How do I exchange RMB? Dear, USDT is a digital asset based on OmniLayer protocol released by Bitcoin blockchain. The biggest feature of USDT is that it is equivalent to US dollars and can be exchanged with each other on the trading platform. USDT can be regarded as a token similar to Bitcoin, which can be transferred, stored and consumed by people through wallets. The design of USDT is a copy of the dollar on the digital network, which makes it a good hedge token in the turbulent cryptocurrency market. Exchange method 1: exchange RMB directly on the platform.165438+1October 6, Zhongbit, where the national team is stationed, opened the USDT exchange RMB business, which is equivalent to taking USDT as the medium to make a detour, so that everyone can continue to have fun! (Simple and rude) Operation Tutorial: Simply put, register the account, authenticate the real name, bind the bank card, then charge the usdt in the middle, and finally exchange RMB in C2C trading area! [Smile] What is the currency of USDT on May 25, 2022? How do I exchange RMB? Hello, dear, it's my pleasure to serve you. I will answer your questions. Please be patient. Dear, USDT is a digital asset based on OmniLayer protocol released by Bitcoin blockchain. The biggest feature of USDT is that it is equivalent to US dollars and can be exchanged with each other on the trading platform. USDT can be regarded as a token similar to Bitcoin, which can be transferred, stored and consumed by people through wallets. The design of USDT is a copy of the dollar on the digital network, which makes it a good hedge token in the turbulent cryptocurrency market. Exchange method 1: exchange RMB directly on the platform.165438+1October 6, Zhongbit, where the national team is stationed, opened the USDT exchange RMB business, which is equivalent to taking USDT as the medium to make a detour, so that everyone can continue to have fun! (Simple and rude) Operation Tutorial: Simply put, register the account, authenticate the real name, bind the bank card, then charge the usdt in the middle, and finally exchange RMB in C2C trading area! [Smiles] Honey, that's my answer. Do you think there are any questions to answer? [Smiles] Is there a platform to operate? Do I need to download the registered ones myself? Operation process, open the firecoin APP, and click Home-Buy coins quickly. If you want to buy USDT in RMB, select "I want to buy", if you want to sell USDT in RMB, select "I want to sell" and then select "USDT" as the currency. dear