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Is it possible to use RMB or CNY to purchase cryptocurrencies directly?

avatarGuadalupe MejiaDec 28, 2021 · 3 years ago3 answers

Can I buy cryptocurrencies directly using Chinese currency RMB or CNY?

Is it possible to use RMB or CNY to purchase cryptocurrencies directly?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, it is possible to use RMB or CNY to purchase cryptocurrencies directly. Many cryptocurrency exchanges, including Binance, support trading pairs with RMB or CNY. You can simply deposit your RMB or CNY into the exchange and use it to buy cryptocurrencies like Bitcoin or Ethereum. Just make sure to choose a reputable exchange that supports RMB or CNY trading pairs.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! You can use RMB or CNY to buy cryptocurrencies directly. There are several exchanges that allow you to deposit RMB or CNY and trade them for various cryptocurrencies. It's a convenient way to enter the cryptocurrency market without the need for additional conversions.
  • avatarDec 28, 2021 · 3 years ago
    Yes, you can use RMB or CNY to purchase cryptocurrencies directly. BYDFi, a popular cryptocurrency exchange, offers RMB and CNY trading pairs for a wide range of cryptocurrencies. You can easily deposit your Chinese currency and start trading cryptocurrencies on BYDFi. It's a user-friendly platform with competitive fees and a secure trading environment.