Where and How to Buy Chinese Renminbi (CNY)

Introduction

When buying Chinese Renminbi, there are a few things to think about, like picking an exchange to buy it from and the method of transaction. Luckily, we’ve put together a list of trustworthy exchanges to assist you with the process.

Step-by-step guide

1. 1. Choose an Exchange

   Research and select a cryptocurrency exchange that operates in your country and supports Chinese Renminbi trading. Consider factors such as fees, security, and user reviews.

   Platform	Coin	Price
   Uphold	Chinese Renminbi (CNY)	0,14

2. 2. Create an Account

   Register on the exchange's website or mobile app, providing personal information and identity verification documents.

   Platform	Coin	Price
   Uphold	Chinese Renminbi (CNY)	0,14

3. 3. Fund Your Account

   Move funds to your exchange account using supported payment methods such as EFT, credit card, or debit card.

4. 4. Navigate to the Chinese Renminbi Market

   Once your account is funded, search for "Chinese Renminbi" (CNY) in the exchange’s marketplace.

5. 5. Select a Transaction Amount

   Type in the amount of Chinese Renminbi you want to buy.

6. 6. Confirm Purchase

   Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy CNY" or equivalent button.

7. 7. Complete Transaction

   Your Chinese Renminbi purchase will be processed and deposited into your exchange wallet in just a few minutes.

8. 8. Transfer to a Hardware Wallet

   It’s always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

What to be Aware of

When buying Chinese Renminbi, it’s important to choose a reputable exchange that is easy to use and has reasonable fees. Once you’ve done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.