What Trade Has Yuanbao Net Changed to? (Handling of Original Yuanbao Net Account)

08/15/2023 06:51 • Tech Trends • 53 views

What trade has Yuanbao Net changed to? Following the change of “Yuanbao Net” to what trade, the first stock-listed company in the currency circle, Yuanbao (formerly known as Meituan platform), has also restarted.

According to media reports, the name of “Yuanbao Net” is “digital currency exchange”. Yuanbao officially announced that the business has officially started operation; currently, users can use virtual currencies on the platform for exchanges between fiat currency and Bitcoin; at the same time, it has also launched “Ouyi OKEx Mining Pool” and “Contract Cloud”, and plans to launch spot trading and leverage trading services for encrypted assets such as Ethereum and Litecoin. “Ouyi OKEx Mining Pool” is led by the well-known developer of the Binance Smart Chain project, Chen Feng. On October 30, 2019, its official website homepage added a feature introduction called “Partner Wallet” “Xiaodaozi Wealth Management” (Xiaodaozi Wealth Management), which supports mobile, PC client, and APP operations. (Note: Based on the website content, this is to help new and old customers obtain more convenient services)

It is understood that since 2013, Yuanbao has been committed to building a new internet finance industry ecosystem – the world’s largest blockchain digital wealth management platform – Yuanbao Investment Fund (referred to as “Yigou Technology”). At the end of 2017, Yuanbao and WeBank jointly initiated the establishment of the “Metaverse White Paper” with the aim of building an open financial infrastructure. Through this system, Yuanbao provides various financial products, including securities token issuance and financing, to the world, allowing more investors to participate in the digital world. In addition, Yuanbao completed the landing of the first phase of the “Gigawatt Everything Token + Blockchain Industry Incubator” project in November last year. At the end of January 2020, Yuanbao announced the integration of its four subsidiaries, “Jin Guansuo” (Gold Exchange), “Datang Business School,” and “Guoyin Gold Control,” to establish an application scenario platform based on blockchain technology, realizing diversified value circulation.

Handling of Original Yuanbao Net Accounts

According to official information, the handling method for the original Yuanbao Net accounts is as follows:

1. Account recharge and withdrawal process: The existing account will transfer the coins in the wallet to their own account;

2. After the transaction confirmation is completed, it is necessary to “cancel the order” when placing an order under the account;

3. After the fund transfer is completed, new assets (such as USDT) will be automatically generated into the wallet address;

4. Account balance remains unchanged.

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What Trade Has Yuanbao Net Changed to? (Handling of Original Yuanbao Net Account)

Handling of Original Yuanbao Net Accounts

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