Why is no one reporting Bi Huo?
Why is no one reporting Bi Huo? In the world of cryptocurrency, reporting and s
Why is no one reporting Bi Huo? In the world of cryptocurrency, reporting and safeguarding rights are absolutely important. However, why is there no one reporting Bi Huo? It is because since its launch in 2014, Bi Huo platform has had users complaining, stating, “I have packaged all customer information into a report and submitted it to relevant national departments.” The Bi Huo team has also responded to this issue, stating that if any violations are found, they will pursue legal responsibilities and take corresponding measures to prevent asset losses. If the platform is seized, they will take personal property responsibility. Therefore, it can be said that since its establishment, Bi Huo Group has not had any awareness of investor protection, nor have they had any commercial plans or operational behavior that violates the procedures stipulated in the Civil Code of the People’s Republic of China.
This is actually quite normal, as Bi Huo exchange is a decentralized cryptocurrency trading platform completely operated by the community, managed through community investments and regulatory support. It provides services to millions of users worldwide through products like contracts. Therefore, it does not charge user commissions in the millions (including some large transaction fees) nor does it need to do KYC authentication with third parties. (This is what we call the “black script”).
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