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How to Purchase Tether (USDT) Using Chinese Renminbi (CNY) in China

To buy Tether using Chinese Renminbi, first, find a cryptocurrency exchange that supports the USDT/CNY trading pair. Create an account, complete the KYC process to verify your identity, and deposit your CNY into your exchange wallet. Locate the USDT/CNY pair on the trading platform and place an order to exchange your Chinese Renminbi for Tether. If the USDT/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 Tether. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.

How to Exchange Tether (USDT) for Chinese Renminbi (CNY) in the Chinese Market

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