What is Biying Exchange (Is Biying Exchange Legal)?
What is Biying Exchange? According to official news, Biying Exchange is a leadin
What is Biying Exchange? According to official news, Biying Exchange is a leading global blockchain digital asset comprehensive trading platform. It provides users with professional investment tools and trading suggestions through in-depth analysis of cryptocurrency market data, quantitative strategies, algorithm models, and other technical indicators. Currently, it supports mainstream digital assets such as BTC, ETH/USDT, EOS/USDT, and derivative trading services.
It is reported that Biying Exchange is created by a well-known team and launches multiple products and services tailored to different types of user groups. In terms of functionality, Biying Exchange focuses on aggregating the flow of funds across the network, bringing users more choices and convenience. At the same time, Biying Exchange also has multiple ecological sections, including decentralized cross-chain token exchange protocol DeFiTokenDEX aggregator lending mining, digital asset wallet DeX machine gun pool, and NFT issuance and auction system Dapp.com, helping users to use digital assets more conveniently and reducing risks.
Is Biying Exchange Legal?
According to the official announcement from Biying Exchange, the platform claims to be a “blockchain financial service institution” that provides users with one-stop comprehensive solutions for trading and wealth management. The information on its official website shows that Biying’s registered location has been publicly announced by the Intermediate People’s Court of Haikou City, Hainan Province, and relevant legal opinions and regulatory measures have been made public.
In addition, Biying Exchange has also issued a “Notice on Preventing Risks of Token Investment and Financing”, which points out that according to the relevant provisions and requirements of the “Measures for the Administration of Fundraising”, virtual currency investments must comply with the purposes of fundraising stipulated in the national securities law; without obtaining the above-mentioned registration exemption, businesses related to ICO cannot be conducted.
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