What is the process for selling ETH and receiving CNY in return?

3 answers

• Dec 19, 2021 · 3 years ago
  Sure! Here's a step-by-step guide on how to sell ETH and receive CNY: 1. Choose a reputable cryptocurrency exchange that supports ETH and CNY trading pairs. Some popular options include Binance, Coinbase, and Huobi. 2. Create an account on the chosen exchange and complete the necessary verification process. 3. Deposit your ETH into your exchange wallet. This usually involves generating a unique wallet address and sending your ETH from your personal wallet to the exchange wallet. 4. Once your ETH is successfully deposited, navigate to the trading section of the exchange and search for the ETH/CNY trading pair. 5. Place a sell order for your desired amount of ETH. You can choose to sell at the current market price or set a specific price. 6. Once your sell order is executed, you will receive CNY in your exchange account. 7. Withdraw your CNY from the exchange to your bank account. This usually involves providing your bank account details and initiating a withdrawal request. Please note that the specific steps may vary depending on the exchange you choose, so it's always a good idea to refer to the exchange's documentation or contact their customer support for detailed instructions.
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• Dec 19, 2021 · 3 years ago
  Selling ETH for CNY is a straightforward process. First, you need to find a reliable cryptocurrency exchange that supports the ETH/CNY trading pair. Once you have an account on the exchange, you can deposit your ETH into your wallet. After that, you can navigate to the trading section and place a sell order for your desired amount of ETH. Once the order is executed, you will receive CNY in your account. Finally, you can withdraw the CNY to your bank account. It's important to note that the process may vary slightly depending on the exchange you use, so it's always a good idea to familiarize yourself with the specific instructions provided by the exchange.
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• Dec 19, 2021 · 3 years ago
  At BYDFi, the process for selling ETH and receiving CNY is simple. First, you need to create an account on BYDFi and complete the necessary verification process. Once your account is set up, you can deposit your ETH into your BYDFi wallet. After that, you can navigate to the trading section and place a sell order for your ETH. Once the order is executed, you will receive CNY in your BYDFi account. Finally, you can withdraw the CNY to your bank account. If you have any questions or need assistance, our customer support team is available 24/7 to help you.
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