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ZB opens BitCNY recharge service BTS has soared recently
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Date：2024-04-06 17:59:07 Channel：Exchange Read：
In the field of digital currency, ZB Exchange recently announced the opening of BitCNY recharge business. This move has attracted market attention and heated discussion. At the same time, the price of BTS currency has also increased significantly, which makes people wonder about the various reasons behind this. This article will deeply explore the connection between ZB’s opening of BitCNY recharge business and the surge in BTS currency prices from multiple angles, and reveal the secrets.**ZB Exchange launches BitCNY recharge service**The four most famous international exchanges:
Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL
Note: The above exchange logo is the official website registration link, and the text is the APP download link.
As a well-known digital currency trading platform, ZB Exchange has been committed to providing users with a more convenient and secure trading experience. Recently, ZB announced the opening of BitCNY recharge business, which has attracted widespread attention within and outside the industry. This move means that users can directly recharge in RMB to purchase BitCNY, further lowering the transaction threshold for digital currencies and providing more investors with opportunities to participate in the market.After the news broke, it caused heated discussions on social media. Many investors have expressed appreciation for this move by ZB Exchange, believing that it will promote the popularity and promotion of digital currencies. At the same time, some people are worried that this move may bring certain risks and need to be treated with caution. In any case, ZB’s BitCNY recharge business opens up new possibilities and injects new vitality into the digital currency market.**Behind the surge in BTS currency prices**At the same time, as a well-known digital currency, BTS's price also increased significantly after ZB announced the launch of BitCNY recharge business. This has triggered speculation and discussion among investors about the future trend of BTS. What exactly caused the surge in BTS currency prices?Some analysts pointed out that ZB's opening of BitCNY recharge business provides more support for the liquidity of BTS, reduces transaction costs, attracts more investors to enter the market, and thus promotes the price increase of BTS. In addition, the market's increasing demand for digital currencies, coupled with BTS's own excellent basic technology and team background, have also provided strong support for the rise in its currency price.**Future Outlook of the Digital Currency Market**In the current fierce competition in the digital currency market, ZB's launch of BitCNY recharge business and the surge in BTS currency prices have undoubtedly injected new vitality into the entire industry. With the continuous development of blockchain technology and the expansion of application scenarios, the prospects of the digital currency market are still full of infinite possibilities.For investors, they need to maintain a cautious attitude, treat market fluctuations rationally, and choose digital currencies with potential and value for investment. At the same time, regulatory authorities also need to strengthen supervision of the digital currency market, protect the rights and interests of investors, and promote the healthy development of the industry.
On December 29, 2017, ZB Exchange Center issued an announcement about opening the BitCNY recharge business. The announcement stated that ZB has now opened the BitCNY recharge business and will open trading at a selected date. Bitcoin (BitCNY) is an asset on the BitShares platform and can be transferred and traded through the BitShares wallet.
Affected by this announcement, BTS has surged in the past two days, with an increase of 25% today. The picture below is the K-line chart of BitShares on January 2, 2018.
What is BitCNY?
1BitCNY=1 RMB. BitCNY is called Bit Yuan in Chinese. Essentially, it is a contract on the BitShares system. 1
BitCNY holders have the right to obtain BitShares (BTS) worth 1 yuan from the market at any time. BitCNY has the function of rapid global transmission like Bitcoin, and its value is stable, effectively solving the problem of excessive price fluctuations of Bitcoin.
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