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How can I buy ETH in Shanghai?

avatarLalith KrishnaDec 26, 2021 · 3 years ago3 answers

I am in Shanghai and I want to buy ETH (Ethereum). What are the options available for buying ETH in Shanghai? Are there any local exchanges or platforms that I can use? What are the steps involved in buying ETH in Shanghai?

How can I buy ETH in Shanghai?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure, you can buy ETH in Shanghai through various methods. One option is to use a local cryptocurrency exchange such as Binance, which allows you to buy ETH using CNY (Chinese Yuan). Another option is to use a peer-to-peer trading platform like LocalBitcoins, where you can find sellers who accept CNY for ETH. Additionally, you can also consider using international exchanges that support CNY deposits, such as Coinbase or Kraken. To buy ETH in Shanghai, you will typically need to create an account on the chosen platform, complete the verification process, deposit funds in CNY, and then place an order to buy ETH. Make sure to do your research and choose a reputable platform with good security measures.
  • avatarDec 26, 2021 · 3 years ago
    Buying ETH in Shanghai is quite straightforward. You can use a local exchange like Huobi or OKEx, both of which are popular in China and support CNY deposits. Another option is to use a global exchange like Binance, which also supports CNY deposits. To buy ETH, you will need to create an account on the chosen exchange, complete the verification process, deposit funds in CNY, and then place an order to buy ETH. Keep in mind that different exchanges may have different fees and trading pairs, so it's important to compare and choose the one that suits your needs the best.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi is a popular digital asset exchange that allows users to buy ETH in Shanghai. To buy ETH on BYDFi, you will need to create an account, complete the KYC verification process, deposit funds in CNY, and then place an order to buy ETH. BYDFi offers a user-friendly interface, competitive fees, and a wide range of trading pairs. It's a reliable platform for buying ETH in Shanghai. However, it's always a good idea to do your own research and choose the platform that best fits your requirements and preferences.