Chinese Rembimbi

[vite]

why is it not traded within the bitcoin realm?

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[swissmate]

What the hell is a chinese rembimbi?

[bravetheheat]

What the hell is a chinese rembimbi?

I think the OP means RMB, ¥, or CNY. It is the current national currency of China, and is valued at about 1 USD : 6.35 CNY.

To the OP: It is being traded - there is one particular Chinese exchange that had received a lot of attention a few days back due to a huge spike in Trading Volume after some Bitcoiners held a sort of conference with Chinese manufacturers, and the conversation soon moved to Bitcoin.
https://btcchina.com/

[vite]

What the hell is a chinese rembimbi?

I think the OP means RMB, ¥, or CNY. It is the current national currency of China, and is valued at about 1 USD : 6.35 CNY.

To the OP: It is being traded - there is one particular Chinese exchange that had received a lot of attention a few days back due to a huge spike in Trading Volume after some Bitcoiners held a sort of conference with Chinese manufacturers, and the conversation soon moved to Bitcoin.
https://btcchina.com/

Thanks

[cbeast]

There are Bank of China branches in NYC and LA and many other countries. I don't know if they can be used for helping an exchange in China or not.

[Bigpiggy01]

Atm btcchina isn't accepting bank deposits but deposits via Alipay, Tenpay, Yeepay or LR.

Note LR is converted to CNY upon deposit and is not atm available as a withdrawal option, it may be added to the site over the next month or so. Cashout is atm only to Alipay/Tenpay or several Chinese bank issued debitcards.

There are Bank of China branches in NYC and LA and many other countries. I don't know if they can be used for helping an exchange in China or not.

If they can get you an Alipay account attached to that account they can otherwise not. However I believe that atm Alipay isn't available to private account holders in the US.

[stochastic]

Atm btcchina isn't accepting bank deposits but deposits via Alipay, Tenpay, Yeepay or LR.

Note LR is converted to CNY upon deposit and is not atm available as a withdrawal option, it may be added to the site over the next month or so. Cashout is atm only to Alipay/Tenpay or several Chinese bank issued debitcards.

There are Bank of China branches in NYC and LA and many other countries. I don't know if they can be used for helping an exchange in China or not.

If they can get you an Alipay account attached to that account they can otherwise not. However I believe that atm Alipay isn't available to private account holders in the US.

I am in the US and I have a Tenpay account.  All that is really needed is a QQ account and a Chinese bank account.