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Author Topic: If exchanger cryptocurrency China is close ?  (Read 508 times)
Slark
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September 21, 2017, 12:56:24 PM
 #21

1. China blocked the only yuan to BTC trading. No crypto to crypto trading has been affected so far.
2. From what I know Russia banned bitcoin as well at some point in the past. This ban might be temporary. We don't know yet.
3. When we have an issue with bank transfers not working earlier this year and some other problems with Chinese exchanges most Chinese trades moved to p2p trading anyway.
So I expect that p2p trading will be the way to go from on one, services like localbitcoins would be primarily way to exchange coins to fiat.

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September 21, 2017, 02:22:25 PM
 #22

Now there is a 50/50 chance of closing because if china banned all exchanges it will affect their population because people will go to other country to continue their work so i think if it gets banned you can only do is OTC.

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