There are greater risks in cryptocurrency trading, and many countries and regions have increasingly stringent regulatory attitudes towards it. It is not recommended to look for trading platforms in countries with looser laws and regulations to operate. In most countries and regions, virtual currency-related business activities are illegal financial activities. In China, virtual currency trading hype activities disrupt the economic and financial order, breed gambling, illegal fund-raising, fraud, pyramid schemes, money laundering and other illegal and criminal activities, and seriously endanger the safety of people's property. Participating in cryptocurrency transactions not only faces legal risks, but may also suffer significant property losses. Investment should choose legal, compliant and strictly regulated formal financial channels and products.