Post
Topic
Board Trading Discussion
Re: BTC-China and CNY
by
segree-amanda
on 14/03/2014, 03:00:29 UTC
Ok so I've been trading crypto for awhile, but I hate trading using dollars.  I don't want dollars ever, they are toilet paper.  I wanted to use a Chinese trading platform so that my currency used in exchange would be renminbi (I think China has a lot of gold they will probably use to back the Yuan eventually so I'll feel more like I'm trading gold for crypto rather than toilet paper, and I feel comfortable holding either crypto or renminbi).  However I don't know all the legal processes involved with CNY withdrawals.  I currently have an account at BTC-China and was going to deposit my crypto to trade there, but I can't quite figure out how withdrawals of crypto and CNY work.  I need to know what the process is for withdrawing crypto and CNY from BTC-China.  Any and all help would be appreciated.  (I apologize if my use of CNY and renminbi is not grammatically correct).

CNY and US Dollar are same