Sentences with phrase «chinese yuan»

Three currencies dominate foreign exchange: Chinese Yuan, Euro Dollar and the US Dollar.

Starchild said Chinese buyers are the fastest growing segment of international buyers in the U.S. because of rising affluence and appreciation of the Chinese yuan.

Allowing mainland Chinese residents to buy and sell major cryptocurrencies using Chinese Yuan through bank wires, WeChat and Alipay, the two platforms are based out of Hong Kong, a special administrative region outside the mainland China's jurisdiction.

China's crypto exchanges may be violating financial regulations by facilitating peer - to - peer trading between Chinese yuan and cryptocurrencies.

The others are the Chinese yuan, Turkish lira and the euro.

Citing that during the latest bear market the Tether USDT coin which is purportedly backed up one to one with US Dollars took up a bigger share of Bitcoin trading compared to the three historically major trading currencies; US Dollar, Chinese Yuan and the Japanese Yen.

The recent drop in Bitcoin price, fueled by a short - lived positive performance of Chinese yuan, the government decided to review the cryptocurrency platforms.

The overall market share of the Korean won was 5.55 %, weighing those of the Chinese yuan (4.97 %) and the euro (4.77 %).

CnLedger, a trusted cryptocurrency news source in China, revealed that many of the Chinese cryptocurrency trading platforms like OKCoin and Huobi plan to launch over-the-counter (OTC) exchanges in Hong Kong to allow investors to trade bitcoin with the Chinese yuan, Hong Kong dollar, and other currencies.

Important to note, CoinVC allows direct purchases of (EXP) with Chinese yuan (CNY).

Cointelegraph Analysts discovered an interesting correlation between bitcoin price and the performance of the Chinese yuan.

The base model has 4 GB of RAM and 64 GB of storage and costs 3,199 Chinese yuan ($ 480).

An increase in the Chinese yuan often lead -LSB-...]

# 1 Japanese Yen — 54.54 % # 2 U.S. Dollar — 26.64 % # 3 Chinese Yuan — 8.23 % # 4 South Korean Won — 6.11 % # 5 Euro — 3.01 % In 2016, reporting showed that most of the trading was coming from China, however, since the People's Bank of China imposed strict regulations on the crypto exchanges in the country, the...

Chinese exchanges have demonstrated low trading rates for the Bitcoin - to - Chinese yuan pair throughout 2017.

The Chinese yuan is suffering from poor performance in local equity markets and rising interest rates.

The trade volume held in Chinese Yuan crashed, sending the markets into disarray and opening doors for other nations in the region.

He hopes that by partnering with foreign firms like IDG, Circle can eventually offer financial services for people who use fiat money like Chinese yuan and Japanese yen.

You can also decentralize crowdfunding and trading, because it will come with integrated fiat currency gateways like US Dollars, Euros, or Chinese Yuan right in your wallet.

The top model with 8 GB of RAM and 256 GB of storage costs 3,999 Chinese Yuan (around $ 640) and comes with a fast - charging, 7.5 W Qi wireless charging pad in the box.

5 years ago, there was a 50 % drop overnight when China's biggest bitcoin exchange stopped accepting deposits in Chinese yuan in 2013.

So, as of 12 September, the bitcoin rate on par with the Chinese Yuan is trading at $ 4,044 on OKCoin, at $ 4,050 on Huobi, and at $ 4,080 on BTCC.

Prior to September, the Chinese Yuan dominated Bitcoin trading markets as did Chinese exchanges such as OKCoin, Huobiro, and BTC China.

Over the past few months, the Chinese Yuan has been losing value, and things have taken a turn for the worse now that China suspended some foreign banks from FX trading.

Is The Chinese Yuan Taking over Bitcoin?

The standard model of the device that comes with 6 GB of RAM and 64 GB of internal storage costs 3299 Chinese Yuan (that's around RM2036) where else the the high end variation of 8 GB and 256 GB of storage comes at a price tag of 3999 Chinese Yuan (RM2469) and comes with fast charging 7.5 W Qi wireless charging pad.

According to Goldman Sachs, 8 out of 10 Bitcoin trades involve the Chinese yuan, both in selling and in buying.

Although, overseas exchanges would not accept Chinese yuan, so they would have to focus solely on cryptocurrency trading much like Bittrex and Poloniex.

The online currency had benefited from geopolitical instability and a flagging Chinese yuan.

In an attempt to lift market sentiment, China has dumped cash totaling over 810 bln Chinese yuan — about $ 130 bln — into its economy over five days.

The SDR was created nearly five decades ago, with the Chinese yuan being its most recent entrant back in 2016.

The fall of the Chinese yuan in January drove many investors to seek better opportunities, including cryptocurrencies.

Sept. 22, The Paper news agency reported that the Chinese regulators not only banned the exchange between Bitcoin and other cryptocurrencies and the Chinese Yuan, but they also called for all trading of cryptocurrency to any fiat currency to end.

BitMEX, a cryptocurrency derivatives trading platform wholly owned by HDR Global Trading Limited, a Republic of Seychelles incorporated entity today announced the launch of the Bitcoin / Chinese Yuan (CNY) series futures contracts, symbol: XBC.

CnLedger — a trusted news source from China reported that the exchanges later launched over-the-counter (OTC) exchanges in Hong Kong which allowed investors to trade bitcoin with Hong Kong dollar, Chinese Yuan and other currencies.

Now, Ryan needs to sell his bitcoin for Chinese yuan.

Last week, the new exchange launched Zcash ZEC / Chinese Yuan (CNY) trading.

Uphold, the world's fastest growing cloud - based financial services platform, has announced its real - time integration with leading cryptocurrency exchange Bittrex, allowing real - time market pricing for its members to exchange Voxel, Litecoin and Ethereum into a wide range of fiat currencies, including the US dollar, Euro, Chinese yuan, Indian rupee, Japanese yen and British pound, as well as precious metals, including gold and silver.

ViaBTC Exchange, the cryptocurrency exchange platform launched last month by China - based ViaBTC Limited, announced today they've launched a Litecoin versus Chinese Yuan (CNY) market.

The Bitcoin price rose nearly 130 % in 2016, spurred on by political instability in several countries and the devaluation of the Chinese yuan, among other factors.

While not illegal as no decree was issued during the probing from the People's Bank of China (PBoC) on visits to the major exchanges last week, it's understood that combined with increased pressure from regulators and the recent volatility in bitcoin due to Chinese yuan policy, the exchanges have indeed indefinitely halted margin for whatever reason.

The Mi Note will retail for 2299 Chinese Yuan (approx.

The high - end Mi Note Pro will retail for 3299 Chinese Yuan (approx.

Despite its original Chinese yuan - denominated exchange being shut down, Huobi sees a daily trading volume in excess of $ 1 billion, with customers in more than 130 countries, according to the press release.

The People's Bank of China (PBOC) sharply devalued the Chinese yuan in August 2015.

the rand drop 26 percent in response to the Chinese yuan devaluing by a mere 2 percent.

Boasting a 6 - inch 720p display and an 80.5 percent screen to body ratio, the Ascend GX1 is now available for sale in China to the equivalent of $ 255 (1590 Chinese Yuan).

For example, the Bulgaria - based Bitcoin exchange BTC - e announced Sunday that it would start trading in offshore Chinese yuan.

Over the past month, bitcoin trading using the Chinese yuan slid to 5 % of total trades, according to data from CryptoCompare.

In 2016 alone, the Chinese yuan represented 96 % of all trading with bitcoin, according to data from CryptoCompare, helping the price more than double that year.