Market capitalization (often shortened to market cap) is the approximate total value of a cryptocurrency, typically shown in US dollars. The market cap of a cryptocurrency is calculated by multiplying the number of coins or tokens in existence by its current price. Buy and sell bitcoin in Vietnam. Easy and Fast. We strive for simplicity. We work hard to make it easy for you to buy and sell and use advanced features like open source trading algorithms, even if you are completely new to cryptocoin365.de of our deposits and withdrawals are processed instantly so that you can get your bitcoins in less than 1 minute. Bitcoin in Vietnam Vietnam is still one of the most anti-cryptocurrency nations globally. With the State Bank of Vietnam (SBV) noting that the use of cryptocurrencies as a means of payment within.
Bitcoin market vietnamBitcoin transactions suspended, thousands of Vietnamese customers affected - News VietNamNet
We work hard to make it easy for you to buy and sell and use advanced features like open source trading algorithms , even if you are completely new to trading.
All of our deposits and withdrawals are processed instantly so that you can get your bitcoins in less than 1 minute. Our hot and cold wallets are also public so you can do your own solvency check of our exchanges any time directly on the blockchain.
Through our platform you will have access to this global network of exchanges and will be able to navigate all of them in the language of your choice. Trust this device for 30 days. Forgot your password? Has two factor authentication? Bitcoin is a open source P2P digital network created in by pseudonymous author Satoshi Nakamoto.
The protocol allows the user to send, store and receive value at a significant low cost and in a short matter of time. Bitcoin avoids the need for central authorities and issuers. It is just a marketplace, where people interested in buying bitcoins find sellers interested in selling their bitcoins and vice-versa. The exchange then allows buyers transact with sellers. We are providing a service. Think on the exchange like eBay, we are just providing a service where you can find buyers or sellers.
The exchange operator is de facto the company operating the exchange. By operating we means: Accepting deposits, Processing withdrawals, verifiying customers identities and allowing customers to trade safely. Opening a trading account at the exchange is easy, fast and free.
After your login, the exchange operator will require your personal name, address and documentation. After your documentation is verified by the exchange operator your account will be credited with a bonus in your local currency.
From that point you are all set to buy your first bitcoin! You will have to specify the amount of FIAT you want to deposit in order to buy bitcoins. Have in mind that the exchange might charge you a fee every time you wish to make a deposit. The platform generates a unique address that will only be valid for that specific transaction and with a time limit to perform the deposit.
After blockchain confirmation you will see the amount of BTC you sent credited into your trader account. No fees are charged for depositing BTC except from the one required by the blockchain to confirm the transaction. As simple as the deposit process. Request a withdrawal in the main menu and a new window will appear showing the steps you have to follow. After specifying the amount and filling in the required information account , swift … the money will be sent to your account.
Please be aware we apply applies a fee on every withdrawal. When you want to receive bitcoins all you have to do is request a withdrawal on the main menu. You will have to specify the amount and provide the public key in which you want those btc to be sent. Please take your time to introduce the btc address correctly as bitcoin transactions are irreversible. Our main concern is to allow traders to interact within a safe environment. Bitcoins are stored in a multisignature cold storage wallet and away from the servers of the exchange.
So even though if the server of the exchange has been hacked the bitcoins are out of the reach of the bad boys. The multisignature wallet requires 2 out of 3 signatures in order to be able to move the bitcoins. The other 2 are held by BlinkTrade and a mediator who will take part of the process in case there is a dispute between the exchange operator and BlinkTrade.
This means that even though a hacker compromises the servers of the exchange, he will also have to compromise the servers of BlinkTrade to be able to take the bitcoins. The odds are extremely low for that to happen. Each time the bitcoins have to be moved from the multisignature wallet to the hot wallet which is connected to the internet for processing fast withdrawals BlinkTrade will previously verify the system and perform a proof of solvency of the bitcoins.
In other words, every time the bitcoins are moved from multisignature cold storage to hot storage, we perform a complete check of the system. Bitcoin Price chart provided by Trading View. The State Bank of Vietnam in Hanoi issues the statements on financial regulations in Vietnam and has decreed that bitcoin is not a legal currency in Vietnam and is, in fact, an illegal payment method. This means anyone caught issuing, supplying and receiving bitcoin can be fined anywhere between and dollars in local currency Won.
This comes direct from the Vietnamese Prime Minister Nguyen Xuan Phuc, who last year asked for a legal framework to be developed to control cryptocurrency in Vietnam.
This knee jerk reaction seems to be following in the footsteps of China, South Korea and Indonesia where the governments of those nations fear financial disruption to the status quo from the advent of and increase activity in bitcoin and other crypto currencies. Discovering year old Phu Lien meteorological station in Vietnam. Top 8 new check-in points in Da Lat for young travelers.
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