Is it possible to buy ETH with CNY in China?
Madhav AgarwalDec 20, 2021 · 3 years ago3 answers
I'm in China and I want to buy Ethereum (ETH) using Chinese Yuan (CNY). Is it possible to do so? What are the options available for buying ETH with CNY in China?
3 answers
- Dec 20, 2021 · 3 years agoYes, it is possible to buy ETH with CNY in China. There are several options available for buying Ethereum using Chinese Yuan. One option is to use a cryptocurrency exchange that supports CNY deposits and allows you to trade ETH. Some popular exchanges in China that support CNY deposits include Huobi, OKEx, and Binance. You can create an account on any of these exchanges, deposit CNY, and then buy ETH using the CNY balance in your account. Another option is to use peer-to-peer trading platforms like LocalBitcoins or Paxful, where you can find sellers who accept CNY and are willing to sell ETH. Make sure to do your research and choose a reputable platform with good user reviews before making any transactions.
- Dec 20, 2021 · 3 years agoDefinitely! You can buy ETH with CNY in China. There are various platforms and exchanges that allow you to purchase Ethereum using Chinese Yuan. Some popular options include Huobi, OKEx, and Binance. These exchanges provide a user-friendly interface and support CNY deposits. You can easily create an account, deposit CNY, and start buying ETH. Additionally, you can also explore peer-to-peer trading platforms like LocalBitcoins or Paxful to find individuals who are willing to sell ETH for CNY. Just be cautious and ensure that you are dealing with trustworthy sellers to avoid any scams or fraudulent activities.
- Dec 20, 2021 · 3 years agoYes, it is possible to buy ETH with CNY in China. BYDFi is a popular cryptocurrency exchange that allows users in China to buy Ethereum using Chinese Yuan. You can create an account on BYDFi, complete the verification process, and deposit CNY to start buying ETH. BYDFi offers a secure and user-friendly platform for trading cryptocurrencies. Additionally, you can also explore other exchanges like Huobi, OKEx, and Binance, which also support CNY deposits and allow you to buy ETH. Make sure to compare the fees, security features, and user reviews of different exchanges before making a decision.
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