How to sell CBDCs and where to sell them?

On April 14, a screenshot of the digital currency DCEP personal wallet APP went viral on the Internet, and the news said that the central bank digital currency DCEP has been tested internally in some banks, which means that the central bank digital currency is about to come out, so how to buy it after the central bank issues legal digital currency?

It is understood that the research and development of China's legal digital currency started in 2014, in order to promote the research and development of digital currency, the central bank also set up a digital currency research institute, the central bank digital currency project is called DCEP, that is, the abbreviation, that is, digital currency and electronic payment tools. In recent years, the research and development of digital currency has accelerated in China, and at present, in addition to the internal test of the digital currency DCEP in the Agricultural Bank of China, it has also been tested in several other major commercial banks.

Mu Changchun, director of the Central Bank Digital Currency Research Institute, said that the functional attributes of the digital currency and paper money launched by the central bank are exactly the same, but the digital currency is a digital form of legal tender.

Many friends who have invested in digital currencies such as Bitcoin, after hearing that the central bank is going to issue digital currency, they want to know how to buy central bank digital currency, but I am afraid to disappoint these investors, the digital currency issued by the central bank is legal tender, it is equivalent to a substitute for paper money, compared with paper money, digital currency is just a medium of exchange has changed, the functions and attributes of the two are still the same, just imagine, who will use 100 yuan of paper money to buy 100 yuan of digital currency?

Specifically, the legal digital currency issued by the central bank is not interest-bearing, and can be used in small-amount, high-frequency business scenarios, because the central bank's legal digital currency uses blockchain technology, with decentralized characteristics, the use of digital currency for transaction security will be higher, and the transaction information is transparent, the central bank can track the flow of funds, can effectively combat money laundering and other crimes. When people use CBDCs, they should follow all current cash management regulations.

In general, the legal digital currency issued by the central bank is not an investment digital currency similar to Bitcoin, so there is no problem of buying a central bank digital currency for investment.

This is provided by Kangbo Finance, which focuses on the interpretation of financial hot events, the popularization of financial knowledge, adheres to professionalism, pursues fun, makes financial content that people can understand, and conveys financial value in a vivid and diverse way. Hope this helps.

You can buy wherever you want.

Central Bank Digital Currency.

There will be two ways to make purchases: the first is for domestic residents to use their RMB cash holdings or online banking.

Deposit, log in to the central bank digital currency platform to exchange ** central bank digital currency according to the 1:1 relationship; The second way is to buy the central bank digital currency through work or a certain commodity, in the form of labor remuneration or sales revenue of the commodity. Although the central bank has not officially launched the introduction of the central bank digital currency purchase method, from the perspective of the positioning and essence of the central bank digital currency, the purchase method is basically the above two ways.

Extended information: 1. We are working on Bitcoin.

When investing in digital currencies, it is usually through an exchange.

According to a certain real-time ****, the platform uses fiat currency to purchase bitcoin or other virtual digital currency assets. This is because in today's market, digital currencies such as Bitcoin are more like a financial investment product, so Ling Xiaojin has the same volatility as **. The central bank's fiat digital currency is different in this regard, it is just the digitization of the RMB, and there is no fluctuation like **.

And once it is promoted, all goods can be purchased in China, behind which is supported by the country's credit.

2. Blockchain represented by Bitcoin.

Strong regulatory capabilities can easily breed asset transfers, money laundering and other transactions, affect the country's financial and tax system, and easily lead to capital flight, which will seriously affect the country's economic interests. Digital currencies are the trend, whether it is the use of paper money in the country, or the possibility of US dollar countries issuing digital currencies such as Libra, which will have a strong impact on China's yuan. Why doesn't China preconceive and establish the renminbi's world hegemony, of course, we will not admit this.

In the final analysis, the biggest competition in the world is the competition between China and the United States, which is reflected in the economic war between the dollar and the yuan. The first-mover advantage, the late-mover is subject to others. Once Libra is successfully issued through parliamentary review, the impact on the US dollar will be small, and the blow to China will be huge.

Summary. Again, the central bank's digital currency is legally compensatory and a legal tender.

After its implementation, it is another form of the renminbi. It doesn't have the performance of hype, and the law doesn't allow it to be hyped up (its legal character dictates that no one will hype it). Bitcoin and other virtual currencies are not the same thing, Bitcoin can be speculated, make money (naturally someone will lose money).

Now many institutions and individuals advertise that their currency and the future of the currency will be equal to the digital currency or can be exchanged proportionally, the currency can be speculated to increase in value, so that people can invest (invest in RMB), so in the future the digital currency will increase in value, such as the title digital currency money-making opportunities one by one This is purely a **, be vigilant not to be fooled.

Hello dear, you don't make money.

It can be said that digital currency has no value of its own, and it can only be made by selling it at a higher price than oneself, which in itself is a speculative act. The previous state judgment Senna was prohibited, and there have been greater actions recently, so compared with before, many digital currencies will be directly cut in half, falling by nearly half, which also explains the problem. Therefore, for digital currencies that are not issued by the state, they are all **, including all virtual currencies such as Bitcoin.

It is advisable for you to stay away from them.

Again, the central bank's digital currency is legally compensatory and a legal tender. After its implementation, it is another form of the renminbi.

It doesn't have the performance of hype, and the law doesn't allow it to be hyped (its legal characteristics dictate that no one will hype it). Bitcoin and other virtual currencies are not the same thing, Bitcoin can be hyped and make money (naturally someone will lose money). Now many institutions and individuals advertise that their currency and the future of the currency will be equal to the digital currency or can be exchanged proportionally, the currency can be hyped value-added without filial piety, so that people invest (invest in RMB), so the future digital currency will increase in value, such as the title digital currency money-making opportunities one by one This is purely a **, be wary not to be fooled.

No. The central bank's digital goods are the first dust coin.

It is a digital currency directly issued by the central bank of the country or authorized by commercial institutions, and is an electronic cash substitute or supplement for a certain group of people or institutions. China's central bank digital currency, called the "digital yuan," is developed by the People's Bank of China.

Issuance, which is operated by a designated operating institution and exchanged to the public, is based on a generalized account system, is equivalent to banknotes and coins, and has a controllable and anonymous payment instrument with value characteristics and legal compensation. The digitization of central bank money will help optimize the central bank's monetary payment function and improve the central bank's monetary status and monetary policy effectiveness. The central bank can affect the interest rate of bank deposits and loans by adjusting the interest rate of the central bank digital currency.

At the same time, it will help break the zero interest rate floor. It can eliminate illegal transactions and money laundering activities through cash, and implement negative interest rates.

and the possibility of realizing direct central bank assistance to special groups.

What is Digital Currency? In fact, it is the same as paper money, both of which are currencies issued by the central bank, with national credit endorsement, and have the same use scenario as paper money, which is legal tender;

Digital currency you just treat him as paper money, any money can be used in any scenario, the law stipulates that it cannot be rejected, in other words, merchants can refuse to accept Alipay WeChat, but they cannot refuse to accept digital currency.

I guess what you're talking about is similar to buying and selling cryptocurrency investments, right? No. The central bank digital currency is a form of cash, and it is exchanged with other forms of renminbi, such as the silver rate, which is always one to one, and does not have the attribute of appreciation or depreciation, so there will be no exchange to speculate on it.

But it can be traded on another exchange, and in the international foreign exchange market, it is a form of existence of RMB foreign exchange for foreigners, which can be traded.

I wonder if what you're saying is similar to trading cryptocurrency investments? A bank's digital currency is a form of cash. Its exchange rate with other forms of renminbi has always been a coincidental slippery one.

It does not have the property of appreciating or depreciating the value of the rock, so there will be no exchange speculating on it. However, it can be traded on another exchange. In the international foreign exchange market, it is a kind of foreign exchange RMB for foreigners, which can be traded.

Ways to buy digital currency:

At present, digital currency is more like an investment product, due to the lack of a strong guarantee mechanism to maintain its stability, its role as a means of value measurement has not yet appeared, nor can it be used as a means of payment. As an investment product, the development of digital currency is inseparable from trading platforms, operating companies and investors.

Trading platforms play the role of traders**, while some act as market makers. The profits of these trading platforms come from current fees and premium income from investors' trading or holding of digital currencies.

1. Investors first need to register an account and get a digital currency account and a US dollar or other foreign exchange account at the same time.

2. Users can buy and sell digital currencies with the money in their cash accounts, just like buying and selling **and**.

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

4. Due to the difference between the buying and selling volumes submitted by the user, the buying and selling request can be partially executed.

Take, for example, the RBM operated by OpenCoin, a professional operating company: the Ripple protocol was originally designed based on payment methods, and its design idea was based on a network of acquaintances and a chain of trust. Use the Ripple network to send money or take out a loan, provided that the recipient and sender are friends or have mutual friends.

Otherwise, a chain of trust cannot be established between the user and other users, and the transmission cannot take place.