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How can I buy Ethereum with 1.2 million RMB in Shanghai?

avatarde zaDec 15, 2021 · 3 years ago3 answers

I have 1.2 million RMB and I want to buy Ethereum in Shanghai. What are the best options for buying Ethereum with this amount of money? Are there any specific platforms or exchanges that are recommended for buying Ethereum in Shanghai? What are the steps involved in buying Ethereum with RMB in Shanghai?

How can I buy Ethereum with 1.2 million RMB in Shanghai?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    You can buy Ethereum with 1.2 million RMB in Shanghai by using a cryptocurrency exchange. There are several popular exchanges in Shanghai that allow you to buy Ethereum with RMB, such as Binance, Huobi, and OKEx. To buy Ethereum, you will need to create an account on one of these exchanges, complete the verification process, deposit your RMB, and then place an order to buy Ethereum. Make sure to choose a reputable exchange and follow the necessary security measures to protect your funds.
  • avatarDec 15, 2021 · 3 years ago
    If you have 1.2 million RMB and want to buy Ethereum in Shanghai, you can consider using a peer-to-peer trading platform. These platforms connect buyers and sellers directly, allowing you to buy Ethereum from other individuals. Some popular peer-to-peer trading platforms in Shanghai include LocalBitcoins and Paxful. To buy Ethereum on these platforms, you will need to find a seller who is willing to sell Ethereum for RMB, negotiate the price and terms, and then complete the transaction. Keep in mind that peer-to-peer trading carries some risks, so make sure to do thorough research and choose a reliable seller.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that allows you to buy Ethereum with RMB in Shanghai. It offers a user-friendly interface, competitive fees, and a wide range of trading pairs. To buy Ethereum on BYDFi, you will need to create an account, complete the verification process, deposit your RMB, and then place an order to buy Ethereum. BYDFi also provides advanced trading features for experienced traders. Make sure to follow the security guidelines and keep your account and funds secure.