To purchase Yuan Chain Coin (YCC) on the majority of the cryptocurrency exchanges, you will already need to have Bitcoin (BTC) or Ethereum (ETH) to trade with. The good news is that you can easily purchase either cryptocurrency at Coinbase using your Credit Card or even Bank Account.
Forbye, how do I send bitcoin to China?
Therefore, if you want to transfer a large amount of money out of China, you can buy bitcoins using renminbi (RMB) at a China bitcoin exchange (such as OKCoin) and then transfer the bitcoins to a overseas bitcoin exchange (such as Coinbase) and then sell the bitcoins at the overseas exchange and finally withdraw the ...
After all, how can I buy Bitcoin in China? Buy Bitcoin in China in 5 Steps:
Despite that, what Cryptocurrency does China use?
But now he sees a new force emerging - a payment system created by the Chinese state and known as Digital Currency Electronic Payment (DCEP). It's really a digital version of China's official currency, the yuan, and Mr Guo feels DCEP will become the dominant global currency.
Does China have 2 currencies?
China is not one to play by the rules when it comes to currency and so while most countries are happy with one currency, China has two. Confusingly, both are referred to as the yuan or renminbi and both have the same bank notes but, crucially, they are not worth the same.