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How to recharge domestic Bitcoin

Dec 05, 2024 am 11:29 AM
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How to recharge domestic Bitcoin

Quick answer:

There are mainly the following ways to recharge domestic Bitcoin:

  • Exchange recharge: Use RMB to purchase Bitcoin through domestic legal Bitcoin exchanges, such as Huobi, Binance, etc. and recharge to the exchange account.
  • Over-the-Counter (OTC): Buy Bitcoin in RMB or other legal currencies through the OTC platform or directly with individuals and transfer to the designated address.
  • P2P Trading: Trade Bitcoin directly with other users through the P2P trading platform.

Detailed expansion:

1. Exchange recharge

  • Advantages: Convenient and fast, with large transaction volume and high security.
  • Disadvantages: The handling fee is relatively high.
  • Operation steps:

    • Register and authenticate the exchange account.
    • Recharge RMB to the exchange via bank transfer or other methods.
    • Buy Bitcoin through the exchange and deposit it into the exchange account.

2. Over-the-counter (OTC)

  • Advantages: Lower handling fees , flexible transactions.
  • Disadvantages: Low security, you need to choose transaction objects carefully.
  • Steps:

    • Look for sellers on OTC platforms or social media.
    • Negotiate transaction details including price, payment method and delivery method.
    • Payment in RMB or other legal currencies.
    • Transfer funds to the Bitcoin address provided by the seller.

3. P2P Transaction

  • Advantages: Extremely low handling fee, transaction autonomy powerful.
  • Disadvantages: Low security, you need to choose transaction objects carefully.
  • Operation steps:

    • Register and authenticate the P2P trading platform account.
    • Create a trading order and set trading parameters.
    • Match other users and complete transactions.

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