How to Exchange Chinese Renminbi (CNY) for United States Dollar (USD) in Italy

To sell Chinese Renminbi for United States Dollar, first, find a cryptocurrency exchange that supports the CNY/USD trading pair, such as Uphold. Create an account, verify your identity, and deposit your CNY into your exchange wallet. Locate the CNY/USD pair on the trading platform and place a sell order to exchange your Chinese Renminbi for United States Dollar. If the CNY/USD pair is unavailable, you can first sell Chinese Renminbi for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. 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.