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How to Purchase Stellar (XLM) Using Chinese Renminbi (CNY) in Russia

To buy Stellar using Chinese Renminbi, first, find a cryptocurrency exchange that supports the XLM/CNY trading pair popular in Russia. Create an account, verify your identity, and deposit your CNY into your exchange wallet. Locate the XLM/CNY pair on the trading platform and place an order to exchange your Chinese Renminbi for Stellar. If the XLM/CNY pair is unavailable, you can first exchange Chinese Renminbi for a stablecoin like Tether (USDT) or a fiat currency such as the Russian Ruble (RUB), then trade that for Stellar. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction in the Russian market.

How to Sell Stellar (XLM) for Chinese Renminbi (CNY) in Russia

To sell Stellar for Chinese Renminbi in Russia, 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 such as the Russian Ruble (RUB), then trade that for Chinese Renminbi. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.