How to Purchase Compound (COMP) Using Chinese Renminbi (CNY) in China

To buy Compound using Chinese Renminbi, first, find a cryptocurrency exchange that supports the COMP/CNY trading pair. Create an account, complete the KYC process to verify your identity, and deposit your CNY into your exchange wallet. Locate the COMP/CNY pair on the trading platform and place an order to exchange your Chinese Renminbi for Compound. If the COMP/CNY pair is unavailable, you can first exchange Chinese Renminbi for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Compound. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.