As of October 30, 1 Bitcoin is equivalent to approximately RMB 785,000-791,000. The price fluctuates in real time, with the highest price in the past 30 days exceeding RMB 815,000. Purchases can be made through compliant exchanges: first register an account and complete identity verification, add a bank account and other payment methods, search for Bitcoin on the transaction interface, enter the amount and confirm the purchase to complete the transaction. We will introduce it in detail below.
What is Bitcoin? How did Bitcoin appear?
Bitcoin is a decentralized virtual currency that uses blockchain technology to secure transactions and control the generation and management of currency. Bitcoin has become one of the most valuable virtual currencies currently.
Bitcoin and Blockchain Technology – Bitcoin’s transaction records and currency generation are maintained and managed by a public database called the blockchain. Bitcoin transactions and management do not rely on any central organization, but are conducted through a decentralized peer-to-peer network.
The emergence of Bitcoin can be traced back to 2008, when a mysterious person or team using the pseudonym "Satoshi Nakamoto" published a paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System", which introduced a decentralized digital currency system – Bitcoin.
On January 3, 2009, the first Bitcoin block was mined – Block 0, also known as the "Genesis Block", and contained the following text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." This text is the title of an article in The Times about the British government's failure to stimulate the economy after 2007-08. Most people think this is to prove that the block was produced after this date, but some think it is to express some political point.
How many yuan is one Bitcoin equal to?
For the recent btc market, you can view this link
As of around 15:00 on October 30, 2025, there are differences in the price of 1 Bitcoin against the RMB displayed on different platforms, and the mainstream quotations are concentrated in the range of 780,000 to 791,000 yuan.
Among them, XE platform data shows that 1 Bitcoin is equivalent to approximately 790,511 yuan, the OKEx trading platform quoted price is 784,038.90 yuan, a decrease of 2.37% within 24 hours, and Trading Economics shows that the exchange rate is 785,365 yuan, an increase of 0.52% from the previous day.
This price difference is due to factors such as platform liquidity, transaction fees, and real-time market fluctuations. Judging from the recent trend, the price of Bitcoin in the past 30 days has reached a high of 815,410 yuan and a low of 767,170 yuan, with a volatility of 1.41%. The price fluctuations within 24 hours are more obvious. The OKEx platform shows a volatility of 5.3%, with the highest reaching 807,165.96 yuan and the lowest falling to 766,548.53 yuan. In the long term, the price of Bitcoin has increased significantly, with an appreciation of more than 52% in the past year, reflecting its characteristics of high volatility and long-term appreciation potential.
The most complete historical price breakdown of Bitcoin since its birth. The advantages and disadvantages of Bitcoin. Bitcoin exchanges.
Binance (official registration, official download) is the world's largest cryptocurrency exchange, with the largest market share in contract and spot markets. It supports perpetual contracts and delivery contracts, with a maximum leverage of up to 125 times.
OKX (official registration official download) stands out for its rich futures products and Web3 integration. In addition to perpetual futures, OKX also supports options.
Bybit (official registration official download) supports futures and options, has a user-friendly interface, and does not require initial KYC.
Bitget (official registration, official download) is strong in copy trading, and its interface is optimized for Asian traders.
BingX is a beginner-friendly exchange that features social trading and KOL signals.
KuCoin supports futures on multiple altcoins and memecoins without KYC.
MEXC is known as the "Altcoin Futures Paradise" and requires no KYC.
Gate.io (Official Registration Official Download) stands out with its large number of tokens and futures delivery.
LBank is growing rapidly in Asia and supports futures with a simple interface.
Buy Bitcoin on Binance Exchange 1. Register an account
Visit Binance.com, click the "Register" button, fill in your email or mobile phone number, enter the SMS verification code to complete the verification, then set a security password and click "Next". Complete registration.
Step 1: Enter the Binance official website or open the Binance App (official registration, official download). For Apple devices, use overseas ID to download.
Step 2: Click [Register/Login] on the homepage.
Step 3: Click [Create Binance Account] here below.
Step 4: Here we can use email or mobile phone number to register. We can see the mobile phone number and China’s area code + can also be registered.
Step 5: Here I will use email for demonstration, enter our email here, and then click [Next].
Step 6: At this time, Binance will send a verification code to our email. We will go back to the email to check and then enter it.
Step 7: This time we come to the password creation page. We create a password according to his requirements. The requirement is more than 8 characters, including at least one number and at least one capital letter. Click [Next].
Step 8: At this time, our account is successfully registered. It asks us "Do you have an inviter?" Here we must select "Yes", and then enter A0Y8K980 in the invitation ID. Using this invitation code to register will allow us to permanently enjoy a 20% discount on handling fees in subsequent transactions. We click [Next].
2. Real-name authentication
Step 9: At this time, our Binance account has been successfully registered, and we will jump directly to the identity authentication page. Identity authentication is also very simple. It is nothing more than filling in and confirming our personal information, then uploading the front and back of our ID, and finally performing a face detection. After completing the identity authentication, we can use Binance’s various trading functions.
Step 10: Bind Google Authenticator or Binance Authenticator to enable two-step verification (2FA) to ensure account security
Google Authenticator or Binance Authenticator: These time-based one-time password (TOTP) authenticators are highly recommended. Bind in "Security Settings", scan the QR code or enter the key, and add the generated 6-digit dynamic password to the App. This dynamic code must be entered during sensitive operations such as login and withdrawal.
Step 11: Make sure you have installed the Binance Authenticator APP on your phone and click on it.
Step 12: You will then see a 16-digit key on the screen. Please keep this key in a safe place. If you lose your device, this key will allow you to recover your Binance Authenticator account.
Click and go to the Binance Authenticator app.
Step Thirteen: Paste the 16-digit key or enter it manually. Below you can create a custom name for your account, which is useful when adding multiple accounts to Binance Authenticator. Click [Continue].
Step 14: You will then see a 6-digit code.
Step 15: Return to the Binance APP and verify your setup request using the newly enabled Binance Authenticator. Click
Next step
, enter the 6-digit code from Binance Authenticator, and click.
Step 16: After enabling Binance Authenticator, you will need to enter the verification code when logging into your account, withdrawing funds, etc.
3. Buy USDT fiat currency
Step 1: We open the app home page to add funds
First we need to buy USDT. You can click [Add Funds] on the Binance homepage and click [C2C Transaction].
Step 2: At the top, we select [Self-selected area]. The self-selected area is C2C person-to-person transactions. Select [Buy] and the currency to be purchased is USDT. You can understand USDT as the U.S. dollar in digital currencies. You must use USDT to purchase other digital currencies. Then enter the amount you want to purchase. For example, if I want to buy 1,000 RMB USDT, I would select 1,000 yuan and click [Confirm]. The next step is the payment method. Use whichever method you are used to paying. It supports Alipay, WeChat, bank debit cards and QQ wallet. For example, if I am used to using Alipay, I will check "Alipay" and click [Confirm].
Step 3: The Binance platform will screen merchants that meet the requirements for us. We try to find merchants with high order volume and transaction rate to make purchases. For example, "Dingfeng International" has a transaction volume of 10,000 orders, and its favorable rating is 99.8%. This company is still relatively high. We can buy from this company and click [Buy] at the end.
Step 4: Click [Continue].
Step 5: Enter the amount we want to purchase again and click [Place Order].
Step 6: Then we transfer money to the other party according to the payment method provided by the merchant. After transferring the money, click [Upload Proof of Payment]. Take a screenshot of your payment interface, and then we will wait for the seller to verify receipt of the money and then transfer the coins to us.
Step 7: The USDT we bought will be in the capital account. We click [Assets] in the lower right corner and find "Account". We can see that our funds are in the capital account. You can click "Transfer" here.
Step 8: Transfer our money from the capital account to the spot account, select USDT as the currency, transfer all, and click [Confirm Transfer].
4. Buy Bitcoin
After the fiat currency recharge is successful, select "Spot" on the "Transaction" page, and search and select a Bitcoin trading pair (such as BTC/USDT). Enter the purchase quantity, select the "Buy" button, and complete the transaction.
Since the handling fees for limit order and market order purchasing methods are different, the handling fee for market order will be slightly more expensive than that for limit order. If you are not in a hurry to buy, you can use a limit order to place a pending order to buy.
5. Instant Bitcoin Exchange
In addition to the above purchases through the exchange market, Binance also provides a flash swap method to purchase Bitcoin. This method does not charge a handling fee, but only supports some mainstream currencies. Go to the "Flash Exchange" page in "Transactions" and you can directly exchange fiat currency for Bitcoin without charging a handling fee.
6. Withdraw money and leave the market
If you wish to sell the purchased Bitcoins and exchange them for RMB. Then you only need to sell the Bitcoin into fiat currency (USDT) and sell it in "c2c trading".
Purchase Bitcoin via P2P (C2C) method
Note: Since Bitcoin is a higher-priced currency, the selling limit varies from seller to seller. Before purchasing, please select the price limit that supports the purchase amount. For example, if you want to buy 20,000 yuan, you can choose a merchant that supports the price limit between 10,000 yuan and 40,000 yuan.
How to use Bitcoin?
According to how it is used, Bitcoin can be divided into two types: investment and payment:
How to make money trading Bitcoin?
There are currently 3 ways to make money by trading Bitcoin:
Risks of investing in Bitcoin
There are three common risks of investing in Bitcoin:
Related Questions Is Bitcoin money?
Bitcoin is not money in the traditional sense. Currently, the public generally believes that Bitcoin is a virtual asset. The money we usually call, or legal currency, is actually supported by government power. There is no evidence that any government is using its own government power to prop up Bitcoin as so-called "money."
How much does Bitcoin cost initially?
When Bitcoin was first released in early 2009, the price was 0.
The first transaction that gave Bitcoin a quantifiable value occurred in October 2009, when Martti Malmi, a Finnish computer science student, sold 5,050 Bitcoins for $5.02, with each Bitcoin worth $0.0009. Based on the Bitcoin price of US$29,000 on May 4, 2023, the current value of these Bitcoins is more than US$140 million, approximately NT$4.5 billion.
On May 22, 2010, Bitcoin was used for the first time in the transaction of real commodities. Laszlo Hanyecz from Florida posted on the bitcointalk.org forum asking if anyone would order him two pizzas for 10,000 Bitcoins. After purchasing two pizzas worth approximately $41 from Papa John's, the price per Bitcoin reached $0.0041. Since then, May 22 has been known as "Bitcoin Pizza Day", and many Bitcoin enthusiasts and companies celebrate this holiday every year. Calculated based on the Bitcoin price of US$95,000 on December 29, 2024, these 10,000 Bitcoins are currently worth approximately US$950 million, or approximately NT$28.5 billion.
Is investing in Bitcoin safe?
Like all other investments, Bitcoin's high returns come with high risks. Taking the following 3 risk prevention measures can help you reduce the risk of investing in Bitcoin:
So far this article is about how much RMB is one Bitcoin equal to in 2025? How to buy? This is the introduction of the article. For more detailed introduction to Bitcoin, please search Script House’s previous articles or continue to browse the relevant articles below. I hope you will support Script House in the future!
