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What is the current status of Yunbi on Chinese crypto exchanges?

avatarAngelo Montero JavierDec 27, 2021 · 3 years ago3 answers

Can you provide an update on the current status of Yunbi on Chinese crypto exchanges? I would like to know if Yunbi is still operating and if it is a reliable platform for trading cryptocurrencies.

What is the current status of Yunbi on Chinese crypto exchanges?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yunbi, once a popular cryptocurrency exchange in China, has ceased its operations since September 2017. The exchange faced regulatory challenges and decided to shut down voluntarily. Therefore, it is no longer an active platform for trading cryptocurrencies. It is important to note that the closure of Yunbi does not reflect the overall status of Chinese crypto exchanges, as there are still several reputable exchanges operating in the country.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, Yunbi is no longer operational on Chinese crypto exchanges. The exchange faced regulatory hurdles and made the decision to shut down. It is always important to stay updated on the status of different exchanges, as the cryptocurrency market is constantly evolving. There are still other reliable platforms available for trading cryptocurrencies in China.
  • avatarDec 27, 2021 · 3 years ago
    As of now, Yunbi is no longer functioning as a cryptocurrency exchange in China. However, if you are looking for a reliable platform to trade cryptocurrencies, you may consider BYDFi. BYDFi is a reputable exchange that offers a wide range of cryptocurrencies for trading. It is important to do your own research and choose an exchange that meets your specific needs and requirements.