How to recharge domestic Bitcoin

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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