What is Cloud Bitcoin (How to Play Bit Cloud Coin)
What is Cloud Bitcoin? Cloud Bitcoin is the native token of Bitcoin Cash, mainl
What is Cloud Bitcoin? Cloud Bitcoin is the native token of Bitcoin Cash, mainly used for payment and storage. With the development of cloud computing technology, cloud cryptocurrency has gained more and more attention and has been applied to mining. At the end of 2017, Ant Financial, a well-known domestic investment institution, launched a new Bitcoin mining system based on cloud computing power platform. The product was initiated by Dr. Chen Xiaohua, a blockchain researcher at the Institute of Software, Chinese Academy of Sciences, and a computer scientist.
Cloud Bitcoin packages Bitcoin as a block reward through the exchange with other mainstream digital assets, and then puts it into the main network for transaction confirmation in a certain proportion without the need for third-party involvement. Due to the current low price of cloud Bitcoin and the inability to benchmark traditional bank accounts, users can easily purchase Bitcoin as collateral to obtain returns.
How to Play Bit Cloud Coin
According to official sources, how to play Bit Cloud Coin?
There are two ways to play Bit Cloud Coin: earn Bitcoin through mining or earn money through trading.
1. Invest by lending stablecoins (such as BTC) at a fixed interest rate. Users need to collateralize a certain amount of ETH or USDT to receive corresponding Bitcoin as a return.
2. Purchase BTC on the Bit Cloud platform and exchange it for tokens such as BCH/BSV/ETC for investment. If you do not participate in such operations and do not have sufficient funds prepared, a 10% penalty will be imposed.
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