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Topic: North American guy SUCCESSFULLY deposits CNY into BTC38.com and buys LTC (photo) (Read 796 times)

sr. member
Activity: 509
Merit: 250
Disrupt the banking system!
Well, the Chinese goverment stated that all users will be allowed to withdraw, which is good.. so if users can deposit, that's kind of a sweet lil bonus right? lol
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
Sounds like his LTC is now stuck in China. Fun times for that guy. :-)

I haven't heard of BTC38.com giving users issues when it came to withdrawing BTC, LTC or any digital currency for that matter. So.. I don't think he's gonna worry about it. lol

Well considering how in the reddit post he specifically says he only managed to deposit, I would be a little worried. Especially since the new Chinese guidance says all exchanges must do proper KYC/AML checks.....

But is BTC38 actually in China? Or is it in HongKong?
sr. member
Activity: 509
Merit: 250
Disrupt the banking system!
Sounds like his LTC is now stuck in China. Fun times for that guy. :-)

I haven't heard of BTC38.com giving users issues when it came to withdrawing BTC, LTC or any digital currency for that matter. So.. I don't think he's gonna worry about it. lol
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
Sounds like his LTC is now stuck in China. Fun times for that guy. :-)
sr. member
Activity: 509
Merit: 250
Disrupt the banking system!
So here's a fun thing to read:

http://www.reddit.com/r/Bitcoin/comments/1t8j7c/proof_that_btc38_takes_cny_for_btcltcxrp_etc/

The guy even adds screenshots of the process as he goes through it for more proof.

I say congrats to him. This could mean a lot for bitcoin, litecoin, or whatever coin we all deal with.

Thoughts on the link above? I'd like to know your thoughts.
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