Can I use RMB and CNY interchangeably for buying and selling cryptocurrencies?

Is it possible to use RMB (Renminbi) and CNY (Chinese Yuan) interchangeably when it comes to purchasing and selling cryptocurrencies?

3 answers
- Yes, you can use RMB and CNY interchangeably for buying and selling cryptocurrencies. Both terms refer to the same currency, the Chinese Yuan. So whether you see prices quoted in RMB or CNY, they represent the value of the Chinese Yuan in the cryptocurrency market.
Mar 20, 2022 · 3 years ago
- Absolutely! RMB and CNY are just two different ways of referring to the same currency. When it comes to buying and selling cryptocurrencies, you can use either term interchangeably. So don't worry if you see prices quoted in RMB or CNY, they both represent the Chinese Yuan.
Mar 20, 2022 · 3 years ago
- Yes, you can use RMB and CNY interchangeably for buying and selling cryptocurrencies. At BYDFi, one of the leading cryptocurrency exchanges, we accept both RMB and CNY for transactions. So feel free to use either term when trading cryptocurrencies on our platform.
Mar 20, 2022 · 3 years ago
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