abcdefg Posted June 24, 2017 at 05:39 AM Report Posted June 24, 2017 at 05:39 AM Anyone have recent, first-hand experience using Bitcoin in China? I have some that I would like to convert to RMB (i.e., sell for RMB) and deposit in my Chinese bank account. Quote
imron Posted June 24, 2017 at 06:44 AM Report Posted June 24, 2017 at 06:44 AM Getting out while the game is good? All the cool kids are buying ETH these days anyway (I own neither). Sorry I can't help with your actual question. Quote
安笛 {Andy} Posted June 25, 2017 at 01:34 PM Report Posted June 25, 2017 at 01:34 PM Try downloading the app called 'bixin' (币信）or check out their website (same name). FYI. the company was formally called 'haobtc'. A good friend of mine works for them; that's how I know about them. 1 Quote
uchiha Posted June 25, 2017 at 04:56 PM Report Posted June 25, 2017 at 04:56 PM I used BTCC sometime around december last year, although there was a halt on the website. I don't know if they're back up now but you could give it a try 1 Quote
abcdefg Posted June 25, 2017 at 06:37 PM Author Report Posted June 25, 2017 at 06:37 PM Thanks, all. I will follow up on your suggestions. Quote
abcdefg Posted June 25, 2017 at 06:58 PM Author Report Posted June 25, 2017 at 06:58 PM On 6/24/2017 at 2:44 PM, imron said: Getting out while the game is good? My holdings have experienced significant appreciation, making it time to take some profit. I would do the same thing with stocks or bonds that had enjoyed a similarly good run-up in value. I would cash out some of them. Was hoping to do this (sell some BTC) within the Chinese finance ecosystem instead of having new cash assets suddenly show up in my US bank, where there might be undesirable tax consequences. Would like to keep these fund in China and use them here in China. Quote
uchiha Posted June 26, 2017 at 03:21 AM Report Posted June 26, 2017 at 03:21 AM @abcdefg Would you mind sharing which Stock Broker you use here in china, and how the taxes work if you withdraw to your Chinese bank account? Quote
abcdefg Posted June 26, 2017 at 04:59 AM Author Report Posted June 26, 2017 at 04:59 AM Sorry, @uchiha, I'm not qualified to give advice on topics of that sort and would prefer not to comment further and risk being misunderstood. Ask me about tea or Chinese cooking, and I'll have plenty to say! 2 Quote
iekkim Posted June 27, 2017 at 02:13 AM Report Posted June 27, 2017 at 02:13 AM I tried earning bitcoins by answering so many surveys, and it still wasn't enough to actually earn 1 bitcoin. I was at 0.00026 bitcoin before I realized I was wasting my time. But I was watching a video about a Bitcoin Mine in China. It's pretty crazy. https://www.youtube.com/watch?v=K8kua5B5K3I Quote
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