Hi guys,
Every 3 months I send 12 000 CNY from my Chinese bank account to my French bank account. Everytimes I do that, I have to pay around 50 EUR fees for the transfer.
I started reading more about BTC I would like to know if that would be a good alternative to transfer that amount of money on a regular basis, while saving money on transfer fees.
I created a wallet on blockchain.info as I've seen a lot of good reviews, but it seems I cannot convert my CNY to BTC from it. I then created another wallet on btcchina.com as it seems to be the main platform to convert CNY to BTC.
My plan is : CNY to BTC via btcchina.com; BTC transfer from btcchina.com to blockchain.info; BTC to EUR via blockchain.info to my French bank account.
How does it sound ?
If you think other solutions would be a better alternative, please let me know why.