Coded currency traders in China bypass VPN bans and use Tether

in crypto •  6 years ago 

After the ban announced by the Chinese government on the circulation of encrypted digital currency.

This was followed by many Chinese companies and institutions that banned all means of dealing with them.

Chinese traders have sought solutions to overcome this ban, which can not be a complete ban.

By virtue of the decoded decoded digital currency mode, many new options offer users the possibility of creating a virtual private VPN network and choosing another geographical location that does not block encrypted currencies and use the Tether currency in trading.

According to one source, Chinese traders first transfer their money to the Tether currency and then switch to other currencies.

All this is done by means of a special virtual network, which the government can stop by narrowing down and choosing options for the firewall.

According to the same source,

Chinese regulators have the ability to close all ports and VPN networks.

However, there are many procedures that this process is going through, and there are different stakeholders, all of which prevent this.

The above methods are used by many users in neighboring countries of China which prohibit encrypted currencies such as Pakistan, Iran ...

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WARNING! A link in this post by @hakim12 leads to a known phishing site that could steal your account.
Do not open links from users you do not trust. Do not provide your private keys to any third party websites.