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Chinese Renminbi Currency Online Casinos

Chinese Renminbi is an international currency that is widely presented on the market and appears being an official currency of the People’s Republic of China. There is a difference between yuan and renminbi that causes a lot of questions usually. In total, an official Chinese currency is Chinese Renminbi, while yuan is only one of its titles. In other words, we may compare the Chinese official currency with the currency of the Great Britain: renminbi and yuan are the same what is sterling and pounds. There are quite many online casinos on the gambling market that offer players from China to bet in the national currency as well as since 2006, Chinese Renminbi is thought being on the same stage with US dollar. Such a decision was made because of \ gold and other resources that make Chinese Renminbi stable and because of a high popularity of the currency in Asian countries. Growing influence of China on the geopolitical map of the world appeared being one more important factor that influenced this decision a lot. The abbreviation of Chinese Renminbi is CNY, what is the same with yuan as well as this is almost the same type of money. There are from one and up to 100 banknotes available on the market. The symbol of Chinese Renminbi is 元 / ¥. This currency is thought being either national or the second national in such countries as: China, Macau, Mongolia, North Korea, Zimbabwe, Mandalay and Vietnam as well as the territory of Hong Kong. Gambling was not very popular in those countries because of strict political regimes for many years. Players could not gamble in online casinos and enjoy high-quality international gambling establishments. However, with the growing popularity of the gambling market, even Asian countries started playing slot machines, betting in national currency. Despite the fact that gambling in Asia keeps on gaining popularity, not many online casinos can offer players to bet in Chinese Renminbi!

(13 Gamblers voted)

10Bet Casino

T&C's Apply
175% Up To €1 000
Established
2003
Software
Betsoft, Evolution Gaming, Gameplay Interactive
Deposit Methods
Bank Wire Transfer, EcoCard, MasterCard
Restricted Countries
Belgium, Bulgaria, France, French Guiana
Live Chat
Yes
Read Review

Jetbull Casino

T&C's Apply
100% Up To €150
Established
2007
Software
Betsoft, Booming Games, Cryptologic (WagerLogic)
Deposit Methods
AstroPay Card, Bank Transfer Express, Bank Wire Transfer
Restricted Countries
Australia, Belarus, Belgium, France
Live Chat
Yes
Read Review
Established
1997
Software
2 By 2 Gaming, Amaya (Chartwell), Blueprint Gaming
Deposit Methods
Bank Wire Transfer, Maestro, MasterCard
Restricted Countries
Afghanistan, Australia, Austria, Belgium
Live Chat
Yes
Read Review

Most Popular Casino with Chinese Renminbi Currency

As we have already mentioned, the list of online casinos that offer players from China to bet in Chinese Renminbi is not that wide for real. There are only five trusted gambling establishments on the market that may offer players to spin reels with the best video slot games without exchanging money. They are: Bet365 Casino, Jetbull Casino, 10Bet Casino, BetPlay Casino, Stan James Casino. BetPlay and Stan James are small casinos that only start working on the gambling market and they have not yet gained a wide range of clients at the present moment. However, Bet365 Casino is trusted and appears being one of the best gambling establishments on the market. It has a high rating and is thought being really honorable. The specific of casinos lets it offer players from all over the world to bet in their local currencies and gamble with no money exchange. Moreover, exactly this casino can offer not only to make bets in the Chinese Renminbi currency, but also to encrypt private information for no one to know it. Players will never have to worry while gambling with Bet365 Casino. Jetbull and 10bet casinos are also great and have a high rating on the gambling market, so you may simply bet in Chinese Renminbi without a fear!

How to Deposit with Chinese Renminbi

There are many ways to deposit money and start gambling on the website of high-quality casinos. The first method is actually to exchange renminbi into the US dollars, but it will not be profitable and the player risks to lose a lot of money. The second variant, which is better and easier, is to use a deposit payment system that can allow players to send money right from their bank account to the bank account of an online casino. There are four ways to do that, when we are talking about Chinese official currency. The first one is to send money via the bank. The player can easily turn to a banking establishment and ask to make a deposit. Money will be taken from a private bank account and will be sent on the account of a casino. This is not the fastest and not the smartest payment method, but it is safe and players will never worry about the confidentiality of their private data. The second way to send money to an online casino from the bank account of the player is to use a third-party company’s services. There are many modern companies that were accepted by Chinese Deposit Association and became trusted and popular methods of sending money to online casinos. You may send them without your card, only your smartphone and access to the Internet will be required. Moreover, these transactions will be quick and cheap at the same time. In most occasions, players won’t have to enter much personal information and high-quality encrypting systems will allow gamblers never worry about the confidentiality of their private data.

How to Withdraw with Chinese Renminbi

One more issue that should be fixed by the gambler before the very beginning of the gambling session is the withdrawal of money from the account of an online casino. Gamblers can easily use banking services and ask for the withdrawal – there are both visiting a bank office and the use of a check possible – this is the longest and the most expensive withdrawal method of all that are presented on the market, but players trust it a lot. With such a method, a withdrawal operation will take the player from three and up to five business days. There will be a requirement to pay around 5% of the total amount of money for the transaction. If you want to save your money and get even better conditions, you may easily use third-party services as well. They usually ask gamblers to pay either 1% on a transaction, or even have a fixed fee in the amount of 30 renminbies on an operation. Some services of that type can offer players to even pay nothing for a transaction and make withdrawals for free. It will be also faster than to withdraw money with the bank. Such a transaction will take gamblers only several minutes usually. E-wallets and checks also may be used to make gambling even more comfortable and get money from online casinos with no problems. As Chinese Renminbi is an international currency, many payment systems offer their services for players who want to pay in local currency and spin reels with high-quality gambling machines.

Verdict

Chinese Renminbi is a well-known currency and people all over the world use it, but any way, yuan appears being more comfortable when we are talking about the world of gambling. Despite the fact that interest from the side of Asian gamblers to the world of modern gambling becomes higher and higher, there are still not many casinos that may offer players comfortable conditions for betting in the national currency. However, there are no problems with deposit and withdrawal methods as well as many modern payment companies were established in China and offer local players the best conditions for sending money to and getting funds from online casinos. Anyway, betting in Chinese Renminbi is better than exchanging money. Moreover, there are three big international online casinos that can offer players to gamble with the best video slot machines and bet CNY without any problems. Looking at the development of the gambling market, we can mention that the amount of Asian-themed video slot games is only growing and that means very soon CNY will be standing on one stage with USD.

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