The most complete basic knowledge for beginners to enter the cryptocurrency circle
1. Cryptocurrency speculation Cryptocurrency speculation is similar to stock speculation, real estate speculation, and foreign exchange speculation. They all buy at low prices and sell at high prices to earn profits from the price difference. The difference is that cryptocurrency speculation is a 24-hour system, which means that there is no limit on trading hours and there is no limit on the rise and fall. 2. Exchanges An exchange is a platform for trading digital currencies. We can think of it as banks of all sizes. The three most popular exchanges are Bi An, OKX, and Huobi. There are many other small exchanges. The top-ranked exchanges have a high security factor and you can trade with confidence. 3. USDT An exchange is a place for trading digital currencies such as Bitcoin. Trading digital currencies requires an intermediary currency, also called a stable currency, namely USDT.