Order Step 1 Step 2 Step 3 Reserve for automatic exchange: Reserve for manual exchange: Max amount for the automatic exchange: Orders over are processed manually You Send You Receive Information for exchange order Alipay account * Perfect Moneyis not your personal Member ID Bitcoin address Fasapay PayPal, OkPay BTC-e USD code Payco account Email * Contacts Phone Send sms Safe connection We use only SSL connection for every order Fast order processing Most orders are completed within 15 minutes Experienced team Every customer gets qualified support in any question more testimonialsBitcoin BTC / CNY 19615.20 My Funds • Total Estimation ￥ or $ or ฿ Note: Estimated based on market rates • My Funds+More Type Balance In Orders Total LTC 0 0 0 BTC 0 0 0 CNY 0 0 0 • Operations+More Bitcoin (BTC) Info ▦ Release date: ▦ Total coins: ▦ Supply: ▦ Market Cap: ▦ Algorithm: ▦ Block time: ▦ Block Number: ▦ Retarget: ▦ Proof: ▦ Intro: Bitcoin is an innovative payment network and a new kind of money based on peer-to-peer and cryptographic technologies.

Deposit: Withdraw: Trade: 5 min 15 min 30 min Hourly 8 hour Daily Candlestick Line Highest bid price CNY/BTC Your balance 0.0000 BTC Obtainable 0.0000 CNY Price CNY/BTC Amount BTC Total CNY Fee 0BTC Lowest ask price CNY/BTC Your balance 0.0000 CNY Obtainable 0.0000 BTC Price CNY/BTC Amount BTC Total CNY Fee 0CNY Price Amount(BTC) Total(CNY) Price Amount(BTC) Total(CNY) Hide Depth Graphic SellSellBuyBuySellBuySellSellBuyBuyBuySellSellSellSellSellBuyBuyBuyBuyBuyBuyBuyBuySellSellSellSellBuyBuy CNY Markets BTC Markets ETH Markets Low Liquidity Type Price 24h % /CNY↓-0.81 %/BTC↑+52.75 %/BTC↓-0.81 %/BTC↓-6.90 %/BTC↑+10.37 %/BTC↑-6.12 %/BTC↓-13.46 %/BTC↓-2.24 %/BTC↑-1.40 %/BTC↓+-0.00 %/BTC↓-0.05 %/BTC↓+7.00 %/BTC↑-1.22 %/BTC↓+0.60 %/BTC↓-5.91 %/BTC↓+13.17 %/BTC↑+11.75 %/BTC↑+5.30 %/BTC↓+0.01 %/BTC↑+16.67 %/BTC↑+15.10 %/BTC↓+0.00 %/BTC↑+0.00 %/BTC↓+0.00 %/BTC↓+0.00 %/BTC↓+0.00 %/BTC↑+0.00 %

Bitcoin , BTCChina , Coinbase , Make Money , Money , Overseas , RMB , Transactions , Transfer , USD Edit Ever since I have lived in China, I have been looking for an "easy" way to transfer money from China to the US.litecoin to myrI also have been looking for a way to do this without paying excessive transfer fees, conversion fees, or withdrawal fees.cambiar bitcoin a usdThis month, I found out how.litecoin euro chartNot only am I not paying fees, but I ended up having about $600 MORE just by transferring the money.buy bitcoin in taipeiHere is the quick version for those who do not care for details: Buy Bitcoin in the country you would like to transfer from when the market is at least about 1.5% lower than in the Bitcoin market you want to transfer to.42 coin bitcointalk

Transfer your Bitcoin from the market where you purchased it to your destination market.Sell your Bitcoin and deposit it into the bank.bitcoin naira calculatorNote:While I am giving examples for specific banks (ICBC and Capital One), countries (China to US), and Bitcoin markets (BTCChina and Coinbase), the principles are the same with other countries, markets, and banks, and can be used in variation.The mandatory Bitcoin warning.If you don't know what Bitcoin is, you should do some research before you attempt any of what I am about to tell you.You can read up on it from their official webpage, or from its Wikipedia article.BTCChina is one of the largest Bitcoin markets in China and in the world.There are a few other options but I would recommend this one as they provide a simple way of funding the account and they have an English version of their website.UPDATE (2015-07-09): BTCChina has been charging fees, so I have started using OKcoin instead.

Visit their website here.They provide many ways to fund CNY but I suggest using their "Yi Jing Dong" method.(If you do use this method, make sure the "Exchange username" is the exact same username (not email) that you use for BTCChina and that the "Mobile phone number" is also the one you have on the BTCChina account.)I will get into this step in more detail later on, but basically, if you want to make instant transfers and assure yourself that you won't lose any money (on that specific transfer), you must already have some Bitcoin in your account.After you have purchased your Bitcoin, you will need to transfer this to your Coinbase account (again, more details below).On my Android smartphone, I installed the widget Bitcoin Checker.I like this widget because it allows me to check the BTCChina market and the Coinbase market together.As you can see in the screenshot above, the Coinbase market is going up while the BTCChina market is going down.This is what I want.This means I can buy low and sell high.

Sadly, the Bitcoin Checker app does not convert RMB to USD so I had to install an additional widget called Bitcoin Price Index Widget.This widget is nice because it converts the BTCChina RMB to USD for me.For this transaction, I wanted to buy 2 Bitcoins.I already funded my account (Step 1) so I simply input 2 (in the market, not "limit") and bought my 2 Bitcoins.Coinbase is a US Bitcoin wallet.Coinbase allows you to sell your Bitcoin and deposit it into a US bank.Before you make any Bitcoin purchases or transactions, you will want to make sure that you have your bank account information setup in Coinbase.Before you sell your Bitcoin, you will want to make sure that you are actually making more money than you spent.If it is not, the conditions were probably not right for you to purchase... no worries though, if you have faith that the market will go up, you can hold onto your Bitcoin and sell it when you will make more profit (likewise, Bitcoin could crash and burn and you could lose your money).

Steps 5,6 and 7 can be interchanged or combined depending on how cautious you want to be on the transaction.I generally input everything into a spreadsheet as I am doing things so I can make sure that I will make money on the transaction.This whole process only takes me about 1-3 minutes.In the screenshot above you can see my transaction history in BTCChina.In the screenshot below you can see the transaction for Coinbase.Finally, after I have made my sell finalized, I like to check and verify the actual amount.(Just as a reminder, Steps 5,6 and 7 can all be interchanged depending on your school of thought) At some point we need to transfer our Bitcoin from BTCChina to Coinbase.If you already have Bitcoin in your Coinbase account (Step 2) you can transfer before or after you sell on Coinbase (up to the amount of Bitcoin you already have in your Coinbase account).If you did not complete step 2, then you will want to transfer the Bitcoin immediately after you have purchased it.I find that it usually takes 30 minutes to two hours for the transfer to be complete.

To transfer your Bitcoin in BTCChina, you will select the "Withdraw" option and input your Coinbase wallet address.Keep in mind that when you transfer, BTCChina has a fee of .0001 Bitcoin, so you cannot transfer ALL your Bitcoin (you can transfer almost all of it though).You might have your own method for keeping track of all your transactions.I prefer to use a spreadsheet.Everything that involves numbers (RMB, USD, Bitcoin, etc) I keep track of in my spreadsheet.I even have a conversion rate for RMB to USD so I am make sure that I will be making money on my transactions.On the screenshot below, I have pointed out the actual amount of money in RMB I spent on the Bitcoin.The screenshot below shows the actual amount of money that was deposited into my US bank account.I must admit that when I bought my first Bitcoin I was rather nervous.I was even more nervous when the price promptly dropped a couple hundred dollars per Bitcoin.I endured however and have tried to be as smart and careful as possible and happy that the market did eventually climb back up and that I was able to make transactions when the market was good.

If you look at the screenshot in step 6, you will notice that I spent 6987.5 RMB.A simple Google search (above) shows that the conversion for that comes out to be about 1135 USD.From the Coinbase transaction that I made (in step 6) you can see that I deposited about 1175 USD in my back.Simple math would say that I ended up with $40 more than I started with.Forty dollars may not seem like a lot for a thousand dollar transaction, but if you consider the fact that you would normally pay 3-5% for a similar transaction using another method, I would say it is pretty amazing.I have come to realize there are a few different schools of thought when transferring money using Bitcoin.I will mention these briefly.Long Term Transfers - High risk/High reward This would be buying Bitcoin when the market is low and sitting on it while you wait for the market to go up significantly.This would be like a long term investment expecting Bitcoin to continue to go up in price.Pro - This has the potential to make you a LOT of money (if Bitcoin continues to go up in price).

Con - This has the potential of you losing a lot (or all) of your money.Hour Long Transfers - Low risk/Must wait for right conditions Pro - This does not require you to already have Bitcoin in your Coinbase account.If the conditions are good, you can make decent money.If the market goes up in the 30 minutes to 2 hours while the Bitcoin is transferring, you can potentially make even more money.Con - While the risk is low, it is still there.If the market goes down immediately after you purchase Bitcoin, you will stand to lose money when you sell it at Coinbase.This also requires you to sit at your computer for a couple hours, waiting for your Bitcoin to transfer.Immediate Transfers - No Risk/Requires you to already have Bitcoin Pro - If you wait for the right conditions using this method, you can guarantee yourself to make money on a transaction basis.Con - This method requires an initial purchase of Bitcoin.It also offers no risk/no reward, besides the current difference in BTCChina and Coinbase markets.