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The process of trading by digital currency through the platform is as follows:
(1) Investors must first register accounts and obtain digital currency accounts and US dollars or other foreign exchange accounts.
(2) Users can use the money in the cash account to buy and sell digital currencies, just like buying and selling stocks and futures.
(3) The trading platform will start matching the purchase request and selling requests in accordance with the rules. If it meets the requirements, it will be sold.
(4) Due to the difference between the user submitted the purchase and selling volume, one buying or selling request may be partially executed.
D digital currency through operating company transactions: Taking Ripple as an example, Ripple Ripple is operated by professional operation company OpenCoin. The Ripple agreement was originally designed based on payment methods. The design idea was based on acquaintance relationship network and trust chain. To use the Ripple network for remittances or borrowing, provided that the payee and the payer in the network must be friends (established a trust relationship with each other), or have a common friend (to form a trust chain by friends), otherwise it will not be able to be at this time. The user and other users have established a chain of trust, and the transfer cannot be performed.