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Author Topic: Buy BTC in China.  (Read 1420 times)
Bitcoin Kan
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September 14, 2016, 10:47:26 AM
 #21

If you want to buy BTC in China, you need a China bank account, IIRC. Correct me if I am wrong.
In BITKAN, you can use WeChat wallet or Alipay. If you want to buy bitcoin via USD, JPY, RUB, you can use western union or other payment method. It depends on what kind of method the dealer accept.
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bitcoinisbest
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September 14, 2016, 11:19:04 AM
 #22

Can somebody guide how to buy/sell btc in China from India? Which all sites can be used to purchase/sell them?


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maydna
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September 14, 2016, 12:34:24 PM
 #23

Hello,

Do you know what would be the best and fastest way to buy bitcoins in China?

Thanks a lot

if you familiar with fast movements, then you are good to choose huobi because in huobi the movements is unpredictable, in a second there are many movement, up and again so fast, and if we don't careful, we can lose much.

but as long as i am trading in there, i am put order buy in the middle of the all order and just waiting in a minute or so and then after its fill, if i am sure that the rate will be up, i put order sell in the middle of the rate and see if its right to go up or not.

all in all, i really like of huobi rather than the other, i don't know why. maybe for first time, its could make you confusing, but after you adapted, you become familiar with the market.

sbtctalk
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September 16, 2016, 04:35:12 AM
 #24

How do we buy from Chinese exchanges? Deposit funds into their bank account via international fund transfer?
clickerz
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September 17, 2016, 09:00:08 AM
 #25

How do we buy from Chinese exchanges? Deposit funds into their bank account via international fund transfer?

I am suspicious on that scheme. It is better if it is in exchanges where there are many traders. Nowadays its hard to trust someone whos only email or wechat address whom we know. If they are known for China, they should have more client or they can sell it on  exchanges,right?

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sbtctalk
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September 17, 2016, 12:41:43 PM
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How do we buy from Chinese exchanges? Deposit funds into their bank account via international fund transfer?

I am suspicious on that scheme. It is better if it is in exchanges where there are many traders. Nowadays its hard to trust someone whos only email or wechat address whom we know. If they are known for China, they should have more client or they can sell it on  exchanges,right?

I see your point. But what makes people trust Bitfinex? It is based in Hong Kong. It is also an overseas exchange.
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September 17, 2016, 06:49:21 PM
 #27

How do we buy from Chinese exchanges? Deposit funds into their bank account via international fund transfer?

I am suspicious on that scheme. It is better if it is in exchanges where there are many traders. Nowadays its hard to trust someone whos only email or wechat address whom we know. If they are known for China, they should have more client or they can sell it on  exchanges,right?

I see your point. But what makes people trust Bitfinex? It is based in Hong Kong. It is also an overseas exchange.

I think the Gemini is the best exchange. It has the financial service license. It is also an insured exchange.
HarryKPeters
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September 17, 2016, 07:27:15 PM
 #28

How do we buy from Chinese exchanges? Deposit funds into their bank account via international fund transfer?

I am suspicious on that scheme. It is better if it is in exchanges where there are many traders. Nowadays its hard to trust someone whos only email or wechat address whom we know. If they are known for China, they should have more client or they can sell it on  exchanges,right?

I see your point. But what makes people trust Bitfinex? It is based in Hong Kong. It is also an overseas exchange.

I think the Gemini is the best exchange. It has the financial service license. It is also an insured exchange.

Gemini is rather new compared to the other exchanges but their backing is substantial, making gemini a reputable exchanges for bitcoin buying but also trading bitcoin.
The fee free exchanges are a little bit fish and I would advice to ignore them.

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Inkdatar
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September 23, 2016, 05:27:42 PM
 #29

How do we buy from Chinese exchanges? Deposit funds into their bank account via international fund transfer?

I am suspicious on that scheme. It is better if it is in exchanges where there are many traders. Nowadays its hard to trust someone whos only email or wechat address whom we know. If they are known for China, they should have more client or they can sell it on  exchanges,right?

I see your point. But what makes people trust Bitfinex? It is based in Hong Kong. It is also an overseas exchange.

I think the Gemini is the best exchange. It has the financial service license. It is also an insured exchange.

Gemini is rather new compared to the other exchanges but their backing is substantial, making gemini a reputable exchanges for bitcoin buying but also trading bitcoin.
The fee free exchanges are a little bit fish and I would advice to ignore them.

The Gemini is suppoorted by the twin brother who invented the Facebook. It also has got the bitlicense.

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