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How to Buy Chinese Renminbi (CNY) with Reach ($REACH)

To buy Chinese Renminbi using Reach, first, find a cryptocurrency exchange that supports the CNY/$REACH trading pair. Create an account, verify your identity, and deposit your $REACH into your exchange wallet. Locate the CNY/$REACH pair on the trading platform and place an order to exchange your Reach for Chinese Renminbi. If the CNY/$REACH pair is unavailable, you can first exchange Reach 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 Reach ($REACH)

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