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BTC market share62.03%
BTC/USDT$83520.39 (-0.14%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.03%
BTC/USDT$83520.39 (-0.14%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.03%
BTC/USDT$83520.39 (-0.14%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
RabBitcoin（RBTC）has been listed in the Innovation, Gamefi and Ton Ecosystem Zone, you can quickly sell or buy RBTC. Spot Trading Link:
RBTC/USDT.
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RBTC
CNY
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of RabBitcoin(RBTC) to Chinese Yuan(CNY). This is the real-time data. The current conversion shows 1 RBTC at a value of 1 RBTC for 0.00 CNY . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
CNY information
About the Chinese Yuan (CNY)
What Is the Chinese Yuan (CNY)?
The Chinese Yuan, denoted as CNY and symbolized by ¥, is the official currency of the People's Republic of China. It's also known as Renminbi (RMB), which translates to "People's Currency". The basic unit of the Renminbi is the yuan, and it's often used to refer to the Chinese currency, especially in international contexts. One yuan is subdivided into 10 jiao, and a jiao is further divided into 10 fen. The Chinese Yuan is the sole legal tender in the People's Republic of China.
The Chinese Yuan is issued by the People's Bank of China (PBOC), the monetary authority of the People's Republic of China. The PBOC oversees the production, distribution, and regulation of the currency, ensuring its stability and integrity in the financial system. In addition to managing the physical banknotes and coins, the central bank also regulates digital forms of the currency, including the recently introduced Digital Yuan.
What Is the History of CNY?
The Chinese Yuan was introduced by the People's Bank of China in December 1948, replacing various currencies circulating in the Communist-controlled areas. The currency underwent several revaluations, the most significant of which occurred in 1955, to combat hyperinflation. Initially pegged to the US dollar, the Chinese Yuan's value was adjusted to improve the competitiveness of Chinese exports as China transitioned to a market economy. Since 2006, the Yuan exchange rate has been allowed to float within a narrow margin around a fixed base rate, determined with reference to a basket of world currencies.
Notes and Coins of CNY
The Chinese Yuan is available in both coin and banknote forms. Coins range from ¥0.01 to ¥1, and banknotes are available in denominations from ¥0.1 to ¥100. The design and features of these notes and coins have evolved over time, with the latest series featuring advanced security features.
What is Digital Yuan (e-CNY)?
The Digital Yuan, also known as the Digital Currency Electronic Payment (DCEP), is the digital form of the People's Republic of China's official currency, the Renminbi (RMB). Launched in response to the rising trend of cashless transactions and the global shift towards digital currencies, the Digital Yuan aims to enhance transaction efficiency, bolster monetary policy, and provide a secure alternative to physical cash. Unlike decentralized cryptocurrencies, it operates under a centralized system, ensuring alignment with China's financial policies. The Digital Yuan features "controllable anonymity," balancing user privacy with state oversight to prevent illegal activities. Its introduction, marked by pilot programs in various cities and prominent use during the 2022 Winter Olympics, positions China as a leader in the realm of digital currencies issued by major economies and signals a significant shift in the global financial landscape towards embracing digital currency technology.
What Is the Difference Between CNY and RMB?
The terms "CNY" and "RMB" are often used interchangeably when referring to the currency of the People's Republic of China, but they have slightly different meanings:
● RMB (Renminbi): The term "Renminbi," which means "People's Currency" in Mandarin, is the official name of the currency of China. It represents the currency system as a whole. Renminbi is the broader term that denotes the medium of exchange provided by the People's Bank of China.
● CNY (Chinese Yuan): The term "Yuan" refers to the unit of the Renminbi currency. CNY is the international ISO currency code for the Chinese Yuan. When financial transactions are conducted internationally, or when exchange rates are mentioned, the abbreviation "CNY" is typically used.
In summary, while RMB refers to the currency system of China, CNY specifically denotes the unit of that currency used in international trading and financial contexts.
Bitget crypto-to-fiat exchange data shows that the most popular RabBitcoin currency pair is the RBTC to CNY, with for RabBitcoin's currency code being RBTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CNY.
RBTC to CNY conversion rate trend
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In the past 1D, RabBitcoin has changed -2.67% to CNY. Based on the trend and price charts, RabBitcoin(RBTC) has changed -2.67% to CNY while Chinese Yuan(CNY) has changed % to RBTC in the last 24 hours.
RBTC to CNY market statistics
RBTC/CNY:
¥ 0.{4}1087
RBTC 24h volume:
¥ 6,244,921.43
RBTC market cap:
¥ 80,874,912.36
RBTC circulating supply:
7.44T RBTC
More info about RabBitcoin on Bitget
Current RBTC to CNY exchange rate
RabBitcoin to Chinese Yuan is rising this week.RabBitcoin's current market price is ¥ 0.{4}1087 per RBTC, with a total market cap of ¥ 80,874,912.36 CNY based on a circulating supply of 7,437,500,000,000 RBTC. The trading volume of RabBitcoin has changed by -26.70% (¥ -2,275,241.29 CNY) in the last 24 hours. Last trading day, RBTC's trading volume was ¥ 8,520,162.72.
RBTC to CNY Conversion tables
The exchange rate of RabBitcoin is increasing.1 RBTC is currently valued at ¥ 0.{4}1087 CNY , which means buying 5 RBTC will cost ¥ 0.{4}5437 CNY . Similarly, ¥1 CNY can be traded for 91,963 RBTC, and ¥50 CNY can be converted to 4,598,150.24 RBTC, excluding any platform or gas fees.
The exchange rate of 1 RBTC to Chinese Yuan has changed by +15.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.67%, reaching a high of 0.{4}1128 CNY and a low of 0.{4}1041 CNY . One month ago, the value of 1 RBTC was ¥ 0.{4}1013 CNY , which represents a +7.37% change from its current value. Over the last year, RabBitcoin has changed by , resulting in a change of -81.26% in its value.
-¥
0.{4}4714CNYRBTC to CNY
Amount
05:03 am today
0.5 RBTC
¥0.{5}5437
1 RBTC
¥0.{4}1087
5 RBTC
¥0.{4}5437
10 RBTC
¥0.0001087
50 RBTC
¥0.0005437
100 RBTC
¥0.001087
500 RBTC
¥0.005437
1000 RBTC
¥0.01087
CNY to RBTC
Amount05:03 am today
0.5CNY45,981.5 RBTC
1CNY91,963 RBTC
5CNY459,815.02 RBTC
10CNY919,630.05 RBTC
50CNY4,598,150.24 RBTC
100CNY9,196,300.48 RBTC
500CNY45,981,502.39 RBTC
1000CNY91,963,004.78 RBTC
RBTC to CNY Today vs. 24 hours ago
| Amount | 05:03 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RBTC | ¥0.{5}5437 | ¥0.{5}5586 | -2.67% |
| 1 RBTC | ¥0.{4}1087 | ¥0.{4}1117 | -2.67% |
| 5 RBTC | ¥0.{4}5437 | ¥0.{4}5586 | -2.67% |
| 10 RBTC | ¥0.0001087 | ¥0.0001117 | -2.67% |
| 50 RBTC | ¥0.0005437 | ¥0.0005586 | -2.67% |
| 100 RBTC | ¥0.001087 | ¥0.001117 | -2.67% |
| 500 RBTC | ¥0.005437 | ¥0.005586 | -2.67% |
| 1000 RBTC | ¥0.01087 | ¥0.01117 | -2.67% |
RBTC to CNY Today vs. 1 month ago
| Amount | 05:03 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RBTC | ¥0.{5}5437 | ¥0.{5}5064 | +7.37% |
| 1 RBTC | ¥0.{4}1087 | ¥0.{4}1013 | +7.37% |
| 5 RBTC | ¥0.{4}5437 | ¥0.{4}5064 | +7.37% |
| 10 RBTC | ¥0.0001087 | ¥0.0001013 | +7.37% |
| 50 RBTC | ¥0.0005437 | ¥0.0005064 | +7.37% |
| 100 RBTC | ¥0.001087 | ¥0.001013 | +7.37% |
| 500 RBTC | ¥0.005437 | ¥0.005064 | +7.37% |
| 1000 RBTC | ¥0.01087 | ¥0.01013 | +7.37% |
RBTC to CNY Today vs. 1 year ago
| Amount | 05:03 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RBTC | ¥0.{5}5437 | ¥0.{4}2901 | -81.26% |
| 1 RBTC | ¥0.{4}1087 | ¥0.{4}5801 | -81.26% |
| 5 RBTC | ¥0.{4}5437 | ¥0.0002901 | -81.26% |
| 10 RBTC | ¥0.0001087 | ¥0.0005801 | -81.26% |
| 50 RBTC | ¥0.0005437 | ¥0.002901 | -81.26% |
| 100 RBTC | ¥0.001087 | ¥0.005801 | -81.26% |
| 500 RBTC | ¥0.005437 | ¥0.02901 | -81.26% |
| 1000 RBTC | ¥0.01087 | ¥0.05801 | -81.26% |
How to convert RBTC to CNY
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert RBTC to CNY
Use a variety of payment options to buy RabBitcoin on Bitget. We'll show you how.
Learn MoreBuy RBTC (or USDT) for CNY (Chinese Yuan) offers
Bitget P2P trading does not currently support direct buying of RBTC with CNY. However, you can buy USDT in Bitget P2P trading first, and then buy RBTC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RBTC (or USDT) for CNY (Chinese Yuan) offers
Bitget P2P trading currently does not support direct selling of RBTC to CNY. However, you can first exchange RBTC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of RBTC to CNY?
There are many factors that affect the relationship between RabBitcoin and Chinese Yuan, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of RBTC/CNY. When there is positive news in the market about the widespread adoption of RBTC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RBTC/CNY. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RBTC/CNY.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of RBTC/CNY. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of RabBitcoin and adjust their investment strategies accordingly in the evolving market.
RabBitcoin price prediction
What will the price of RBTC be in 2026?
Based on RBTC's historical price performance prediction model, the price of RBTC is projected to reach $0.{5}1555 in 2026.
What will the price of RBTC be in 2031?
In 2031, the RBTC price is expected to change by +46.00%. By the end of 2031, the RBTC price is projected to reach $0.{5}3246, with a cumulative ROI of +125.24%.
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Popular RabBitcoin Converter
Check out these popular currency conversions of RabBitcoin to several fiat currencies.
RBTC to TWD
1 RBTC to NT$ 0.{4}4953 TWD
RBTC to CNY
1 RBTC to ¥ 0.{4}1087 CNY
RBTC to USD
1 RBTC to $ 0.{5}1492 USD
RBTC to EUR
1 RBTC to € 0.{5}1362 EUR
RBTC to CAD
1 RBTC to $ 0.{5}2123 CAD
RBTC to KRW
1 RBTC to ₩ 0.002178 KRW
RBTC to JPY
1 RBTC to ¥ 0.0002194 JPY
RBTC to GBP
1 RBTC to £ 0.{5}1159 GBP
RBTC to BRL
1 RBTC to R$ 0.{5}8720 BRL
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1 PI to ¥ 4.67 CNY
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1 FIL to ¥ 19.43 CNY
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1 ATOM to ¥ 34.53 CNY
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1 USUAL to ¥ 0.8480 CNY
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1 BTC to ¥ 607,802.31 CNY
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1 CRTS to ¥ 0.002910 CNY
ZRO to CNY
1 ZRO to ¥ 22.47 CNY
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1 VIDT to ¥ 0.1681 CNY
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1 AMP to ¥ 0.02626 CNY
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1 BERA to ¥ 42.42 CNY
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between RabBitcoin and CNY.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as RabBitcoin and CNY. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of RabBitcoin in CNY, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
What is RBTC?
RBTC is a token on the RSK (Rootstock) blockchain, which is a smart contract platform secured by the Bitcoin network.
What does CNY stand for?
CNY stands for Chinese Yuan, the official currency of China.
How can I convert RBTC to CNY?
You can convert RBTC to CNY through cryptocurrency exchanges that support trading RBTC and withdrawals in CNY.
Which exchanges support RBTC to CNY conversion?
Some exchanges may support this conversion, but be sure to check the latest listings on platforms like Binance, Huobi, or Okex.
Is there a direct trading pair for RBTC/CNY?
Direct RBTC/CNY pairs may be rare, so often you need to convert RBTC to a common cryptocurrency like BTC or USDT first.
What factors affect RBTC to CNY conversion rates?
Conversion rates are affected by market demand, supply, exchange fees, and the liquidity of both RBTC and CNY.
How secure is the RBTC token?
RBTC is secured by the Bitcoin network's hashing power, ensuring a high level of security.
Why would someone want to convert RBTC to CNY?
Someone might convert RBTC to CNY to liquidate their holdings into fiat currency for spending or investment in China.
Are there any fees associated with converting RBTC to CNY?
Yes, exchanges usually charge a transaction fee, and additional fees may apply if converting to an intermediary currency.
Is it legal to convert RBTC to CNY in China?
Cryptocurrency transactions are subject to Chinese regulations, and it's important to adhere to current legal frameworks regarding digital assets.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
