Jump to content
Chinese-Forums
  • Sign Up

Using Bitcoin in China


abcdefg

Recommended Posts

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.

Link to comment
Share on other sites

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.

  • Like 1
Link to comment
Share on other sites

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.

Link to comment
Share on other sites

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!

  • Like 2
Link to comment
Share on other sites

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

Link to comment
Share on other sites

Join the conversation

You can post now and select your username and password later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Click here to reply. Select text to quote.

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...