BTC to CNY Exchange Rate - Convert Bitcoin to Chinese Yuan

Converting from Bitcoin (BTC) to Chinese Yuan (CNY)

What is Bitcoin (BTC)

Bitcoin (BTC) is the first decentralized digital currency, invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. It was released as open-source software in 2009. Unlike traditional currencies, Bitcoin operates without a central authority or government backing. Transactions are made directly between users and verified by network nodes through cryptography, and recorded in a public distributed ledger called a blockchain.

Bitcoin is often seen as a form of "digital gold" due to its limited supply, capped at 21 million coins. This scarcity creates a speculative market for Bitcoin, making its price highly volatile. These fluctuations can be attributed to various factors, such as changes in regulations, investor sentiment, and technological advancements.

For many, Bitcoin represents a modern alternative to traditional banking systems. It offers privacy advantages, the ability to conduct transactions without intermediaries, and opportunities to invest in a growing asset class. However, its value can fluctuate dramatically, leading to both significant gains and losses for investors.

What is Chinese Yuan (CNY)

The Chinese Yuan (CNY), officially known as the Renminbi (RMB), is the currency of the People's Republic of China. Launched in 1948, it has become one of the world's most traded currencies. The symbol for the Yuan is ¥, and its denomination often comes in different forms, such as banknotes and coins.

The Yuan's value is influenced by various economic factors, including China's economic growth, inflation rates, and government policies. The People's Bank of China (PBOC) plays a crucial role in managing the currency, implementing measures to stabilize its value against other currencies.

In recent years, the Yuan has gained prominence as an international currency. This is evident in its inclusion in the International Monetary Fund's Special Drawing Rights (SDR) basket in 2016. As China continues to integrate itself into the global economy, the Yuan's significance is expected to grow, attracting foreign investment and facilitating international trade.

Converting BTC to CNY

To convert Bitcoin to Chinese Yuan, you can use various methods, including cryptocurrency exchanges, over-the-counter (OTC) services, or peer-to-peer platforms. The exchange rate can vary based on market conditions.

Before making a conversion, it is essential to check the current exchange rate, which is often denoted as follows:

Exchange Rate = (Price of BTC in CNY/1 BTC)

Investors should also consider transaction fees, withdrawal costs, and the time it takes for the conversion process. Taking these factors into account can help you make informed decisions when converting Bitcoin to Chinese Yuan.

Bitcoin to Chinese Yuan conversion table

BTC to CNY conversion table

Bitcoin (BTC)Chinese Yuan (CNY)
1 BTC742 016.09735588448 CNY
2 BTC1 484 032.19471176895 CNY
3 BTC2 226 048.29206765343 CNY
4 BTC2 968 064.38942353791 CNY
5 BTC3 710 080.48677942238 CNY
6 BTC4 452 096.58413530686 CNY
7 BTC5 194 112.68149119134 CNY
8 BTC5 936 128.77884707581 CNY
9 BTC6 678 144.87620296029 CNY
10 BTC7 420 160.97355884477 CNY
100 BTC74 201 609.73558844765 CNY
200 BTC148 403 219.47117689531 CNY
300 BTC222 604 829.20676534296 CNY
400 BTC296 806 438.94235379061 CNY
500 BTC371 008 048.67794223827 CNY
600 BTC445 209 658.41353068592 CNY
700 BTC519 411 268.14911913357 CNY
800 BTC593 612 877.88470758123 CNY
900 BTC667 814 487.62029602888 CNY
1 000 BTC742 016 097.35588447653 CNY
2 000 BTC1 484 032 194.71176895307 CNY
5 000 BTC3 710 080 486.77942238267 CNY
10 000 BTC7 420 160 973.55884476534 CNY
20 000 BTC14 840 321 947.11768953069 CNY
50 000 BTC37 100 804 867.79422382671 CNY
100 000 BTC74 201 609 735.58844765343 CNY
Last updated May 31, 2025 at 12:00 AM