Questions regarding BTCChina.com

[3even]

1. Has anyone here used BTCChina.com? What was your experience like?

2. Do you need to be a resident of China or HK to use BTCChina.com?

[Serpens66]

1. Has anyone here used BTCChina.com? What was your experience like?

2. Do you need to be a resident of China or HK to use BTCChina.com?

1. I use btcchina. I think btcchina gives the appearance of being a really new exchange, so there are some problems. For example bitcoin deposit and withdraw take several hours to proceed in most cases. And u can only send one deposit at the same time. Then u have to wait until it recieves ur account and get a new adress.  
~ 80% is translated into english. So you can't read everything, but it's okay. You don't need to verify and there is a withdraw limit of 10 bitcoins per day.

All in all I think u can use it and take advantage of the 0% fee. But be careful and don't be surprised when u have to wait 2 days for your bitcoins ^^

2. No, but u need a chinese bank account to withdraw or deposit CNY. So most likely you can only transfer bitcoins

Sry for bad english

[human]

I want to add a 3. question.

To which kind of bank accounts can you withdraw fiat? Chinese only? HK? Or even European too?

[Serpens66]

I want to add a 3. question.

To which kind of bank accounts can you withdraw fiat? Chinese only? HK? Or even European too?

Fund:


Withdraw:

[mmm3]

And is there any cumulative limit for CNY withdrawal? As I understand there's only 20k transaction limit, right?

[3even]

Thanks a lot for all the great info!

Cheers!

1. Has anyone here used BTCChina.com? What was your experience like?

2. Do you need to be a resident of China or HK to use BTCChina.com?

1. I use btcchina. I think btcchina gives the appearance of being a really new exchange, so there are some problems. For example bitcoin deposit and withdraw take several hours to proceed in most cases. And u can only send one deposit at the same time. Then u have to wait until it recieves ur account and get a new adress.  
~ 80% is translated into english. So you can't read everything, but it's okay. You don't need to verify and there is a withdraw limit of 10 bitcoins per day.

All in all I think u can use it and take advantage of the 0% fee. But be careful and don't be surprised when u have to wait 2 days for your bitcoins ^^

2. No, but u need a chinese bank account to withdraw or deposit CNY. So most likely you can only transfer bitcoins

Sry for bad english