Cold knowledge: Cryptocurrency speculation itself is not illegal
1. Cryptocurrency speculation itself is not illegal, but issuing coins, opening exchanges, and being a U-merchant are all illegal financial activities.
2. Cryptocurrency speculation has legal risks. If your trading behavior violates public order and good customs, then the relevant civil legal behavior is invalid and you may not be protected by law.
3. Cryptocurrency speculation requires taxation. If you purchase virtual currency from players through the Internet and sell it to others after adding a price, the income obtained is taxable income for personal income tax and should be calculated and paid according to the "property transfer income" item.
4. Cryptocurrency speculation requires safety. You should choose a compliant exchange, avoid contact with black money, protect your privacy and assets, deposit and withdraw funds in batches, trade during the day, and find a commonly used card.