How to Purchase Chinese Renminbi (CNY) with Aave (AAVE) in Canada

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