How to Exchange Stellar (XLM) for Chinese Renminbi (CNY) in Italy

To sell Stellar for Chinese Renminbi, first, find a cryptocurrency exchange that supports the XLM/CNY trading pair. Create an account, verify your identity, and deposit your XLM into your exchange wallet. Locate the XLM/CNY pair on the trading platform and place a sell order to exchange your Stellar for Chinese Renminbi. If the XLM/CNY pair is unavailable, you can first sell Stellar 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 amount you receive. In Italy, it's also important to consider the tax implications of your transactions, as capital gains tax may apply to your earnings from cryptocurrency trading.