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china wholesale piercing jewelry SummarynThe main reason is that OTCBTC is the entry channel for the fiat currency C2C, and Binance has no fiat currency entry channel. Since the domestic exchanges were shut down in China in China, there is no channel for fiat currency to exchange virtual currency. So now all the fiat currency entrants are generally premium of about 10%to 15%. At present, there are three main ways to enter the fiat currency: First, the fiat currency is directly exchanged virtual currency through the C2C. It is most convenient to use OTCBTC. The currency winning the net can also be traded directly in the WeChat group. The premium of this method is the highest; Second, the fiat currency is replaced by C2C to the intermediate tokens. For example, the USDT (Firecoin and OKEX can be purchased by C2C), QCs used by ZB exchanges, etc. About 10%; the third is to buy Bitcny on the Bitko -Stock Exchange (such as the drum wallet), and then recharge the bitcny to the BIGONE or other exchanges supporting Bitcny to buy virtual coins (can also buy it directly in the inner plate of the Bit Stock ), The lowest premium (from -1%to 10%is possible), but the transaction volume is too low, the liquidity is too poor, and it is not mainstream.nConsultation record · Answer at 2021-05-04nThere are two main reasons why non -trumpet World currency is that OTCBTC is the entry channel for French currency C2C, and Binance has no fiat currency entry channel. Since the domestic exchanges were shut down in China in China, there is no channel for fiat currency to exchange virtual currency. So now all the fiat currency entrants are generally premium of about 10%to 15%. At present, there are three main ways to enter the fiat currency: First, the fiat currency is directly exchanged virtual currency through the C2C. It is most convenient to use OTCBTC. The currency winning the net can also be traded directly in the WeChat group. The premium of this method is the highest; Second, the fiat currency is replaced by C2C to the intermediate tokens. For example, the USDT (Firecoin and OKEX can be purchased by C2C), QCs used by ZB exchanges, etc. About 10%; the third is to buy Bitcny on the Bitko -Stock Exchange (such as the drum wallet), and then recharge the bitcny to the BIGONE or other exchanges supporting Bitcny to buy virtual coins (can also buy it directly in the inner plate of the Bit Stock ), The lowest premium (from -1%to 10%is possible), but the transaction volume is too low, the liquidity is too poor, and it is not mainstream. The price of the two exchanges is different, the gap is large, why? Reason 1: Different exchanges of liquidity processing different quantities of transaction volume, which means that each exchange has different demand and supply for each exchange supporting Bitcoin, Ethereum, Litecoin, Litecoin and other cryptocurrencies Essence Due to the basic supply and demand relationship, this demand will affect the exchange in different ways when Bitcoin surgery or any other cryptocurrencies occur. Large -scale exchanges with large liquidity will not change price changes like small and poor liquidity transactions. If the opposite situation occurs, the same situation will occur: if Bitcoin suddenly becomes a bear market, compared with unknown small exchanges, larger exchanges will have a small price decline. Reason 2: Another fundamental reason for the lack of effective price discovery mechanism is the lack of effective price discovery mechanism. Most of the "correct" prices of Bitcoin, Ethereum or any other cryptocurrency are still dominated by public emotions and large traders known as the "dealer". Because the pricing is still speculative, and affected by one or two big pockets, this further contributes to the inconsistency of the exchange price. Reason 3: The price between exchanges is different, and the demand for electronic currencies is different