How to Purchase United States Dollar (USD) Using Chinese Renminbi (CNY)

To purchase United States Dollar using Chinese Renminbi, start by finding a cryptocurrency exchange that offers the USD/CNY trading pair. Create an account, verify your identity, and deposit your CNY into your exchange wallet. Then, locate the USD/CNY pair on the platform and place an order to trade your Chinese Renminbi for United States Dollar. If the pair is unavailable, you can first exchange Chinese Renminbi for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.