Simplified KYC for China and Fiat CNY Trades
Starting from October 25, citizens of China and Hong Kong will be able to pass a full verification within 2-3 business days. Full verification allows to trade on BiteBTC Exchange in all fiat pairs, such as USD and CNY.We also had successful negotiations to open a bank account in Chinese bank to conduct operations in Chinese Yuan.
Chenese traders will get the details for the CNY Wire transfers in their personal accounts shortly.By November 1, it is planned to open trades with fiat CNY in pairs with BTC, ETH and LTC.BiteBTC is becoming more convenient for Chinese traders.
We hope that these steps will contribute to the further development of cryptocurrencies in this region.