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Is it possible to use RMB to purchase altcoins on major cryptocurrency exchanges?

avatarMayo FengerDec 16, 2021 · 3 years ago3 answers

Can I buy altcoins using Chinese RMB on popular cryptocurrency exchanges?

Is it possible to use RMB to purchase altcoins on major cryptocurrency exchanges?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to use Chinese RMB to purchase altcoins on major cryptocurrency exchanges. Many exchanges support RMB deposits and trading pairs with altcoins. You can simply deposit your RMB into the exchange and then use it to buy the altcoins of your choice. Make sure to check the specific exchange's policies and available trading pairs before proceeding.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Major cryptocurrency exchanges have recognized the demand for altcoin trading with RMB and have made it possible for users to deposit and trade with Chinese RMB. This allows users from China to easily access and invest in a wide range of altcoins. Just make sure to choose a reputable exchange that supports RMB deposits and offers a variety of altcoin trading pairs.
  • avatarDec 16, 2021 · 3 years ago
    Yes, you can use RMB to purchase altcoins on major cryptocurrency exchanges. For example, BYDFi, a popular exchange, allows users to deposit RMB and trade with altcoins. Simply create an account, deposit your RMB, and start trading altcoins. Keep in mind that each exchange may have different requirements and fees, so it's important to do your research and choose the exchange that best suits your needs.