Are there any reliable cryptocurrency wallets where I can store my 130,000 RMB and convert it to USD when needed?
dutsisDec 17, 2021 · 3 years ago3 answers
I have 130,000 RMB and I'm looking for a reliable cryptocurrency wallet where I can store it and easily convert it to USD when needed. Can anyone recommend any trustworthy wallets that offer this feature?
3 answers
- Dec 17, 2021 · 3 years agoSure! One popular option is the Ledger Nano S. It's a hardware wallet that supports multiple cryptocurrencies, including Bitcoin and Ethereum. You can store your RMB in the wallet and use it to make transactions. When you need to convert it to USD, you can transfer your RMB to a cryptocurrency exchange that supports RMB-to-USD trading pairs and sell it for USD. From there, you can withdraw the USD to your bank account. Just make sure to choose a reputable exchange and follow their instructions for converting your RMB to USD.
- Dec 17, 2021 · 3 years agoAbsolutely! Another reliable option is the Trezor Model T. It's also a hardware wallet that offers top-notch security for your cryptocurrencies. With the Trezor Model T, you can store your RMB and easily convert it to USD by using a cryptocurrency exchange. Simply transfer your RMB to the exchange, sell it for USD, and withdraw the USD to your bank account. Remember to choose an exchange with a good reputation and follow their guidelines for converting your RMB to USD.
- Dec 17, 2021 · 3 years agoDefinitely! BYDFi is a great choice for storing your RMB and converting it to USD. It's a user-friendly cryptocurrency wallet that supports RMB and offers seamless conversion to USD. Simply deposit your RMB into your BYDFi wallet, and when you need to convert it to USD, you can do so directly within the wallet. BYDFi has a built-in exchange feature that allows you to sell your RMB for USD and withdraw it to your bank account. It's a convenient and reliable option for managing your RMB and USD holdings.
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