How to Buy Chinese Renminbi (CNY) with Across Protocol (ACX)
To buy Chinese Renminbi using Across Protocol, first, find a cryptocurrency exchange that supports the CNY/ACX trading pair. Create an account, verify your identity, and deposit your ACX into your exchange wallet. Locate the CNY/ACX pair on the trading platform and place an order to exchange your Across Protocol for Chinese Renminbi. If the CNY/ACX pair is unavailable, you can first exchange Across Protocol for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Chinese Renminbi. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell Chinese Renminbi (CNY) for Across Protocol (ACX)
To sell Chinese Renminbi for Across Protocol, first, find a cryptocurrency exchange that supports the CNY/ACX trading pair. Create an account, verify your identity, and deposit your CNY into your exchange wallet. Locate the CNY/ACX pair on the trading platform and place a sell order to exchange your Chinese Renminbi for Across Protocol. If the CNY/ACX pair is unavailable, you can first sell Chinese Renminbi for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Across Protocol. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
