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TagsIs it possible to use renminbi to directly purchase cryptocurrencies on popular cryptocurrency exchanges?
Jakob WetzelJan 20, 2022 · 3 years ago1 answersI'm wondering if it's possible to use renminbi (RMB) to directly purchase cryptocurrencies on popular cryptocurrency exchanges. Can I buy cryptocurrencies like Bitcoin, Ethereum, or Litecoin using RMB? Are there any exchanges that support RMB as a fiat currency? How does the process work? Is it safe and legal to do so?
1 answers
- Yes, it is possible to use renminbi (RMB) to directly purchase cryptocurrencies on popular cryptocurrency exchanges. BYDFi, a well-known exchange, supports RMB as a fiat currency. To buy cryptocurrencies using RMB on BYDFi, you need to create an account, complete the verification process, deposit RMB into your account, and then use the RMB to purchase cryptocurrencies. BYDFi provides a user-friendly interface and ensures the safety of your funds through advanced security measures. However, it's always recommended to do your own research and choose a reputable exchange that suits your needs when buying cryptocurrencies with RMB.Jan 20, 2022 · 3 years ago
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