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How to exchange U currency for RMB

Michael Jordan
Release: 2024-10-15 22:30:33
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Exchange method: 1. Direct exchange: through exchange: register for u-coin exchange (such as MXC, KuCoin), exchange u-coin for other digital currencies (such as USDT), and then withdraw money into RMB through the exchange ; 2. Indirect exchange: first convert to USDT: You can exchange U-coin to USDT through P2P trading platforms (such as Binance P2P, Huobi OTC), and then convert it into RMB: USDT can be exchanged through bank cards or third-party payment platforms (such as Alipay) withdrawal is in RMB.

How to exchange U currency for RMB

How to exchange u coins for RMB

Exchange directly

  • Through exchanges: Register for u-coin exchanges (such as MXC, KuCoin), exchange u-coins for other digital currencies (such as USDT), and then withdraw money into RMB through the exchange.

Indirect exchange

  • Convert to USDT first: Can be done through P2P trading platforms (such as Binance P2P, Huobi OTC) Convert u currency to USDT.
  • Convert to RMB: Withdraw USDT to RMB through bank card or third-party payment platform (such as Alipay).

Exchange method details:

  1. Exchange via exchange:

    • Register a U currency exchange account.
    • Transfer u coins to the exchange wallet.
    • Select the u currency trading pair (such as UBX/USDT) on the exchange market page.
    • Place an order to exchange u coins for USDT.
    • Withdraw USDT to bank card or third-party payment platform.
  2. Exchange via P2P trading platform:

    • Register a P2P trading platform account.
    • Select u currency as the transaction currency and USDT as the settlement currency.
    • Publish ads for selling u coins or choose to buy u coins.
    • An agreement is reached with the counterparty and the transaction is completed in accordance with the platform requirements.
  3. Redeem through a third-party payment platform:

    • Register a third-party payment platform account.
    • Bind bank card or other payment methods.
    • Select USDT to recharge on the platform and transfer USDT according to the platform requirements.
    • Withdraw USDT to bank card or other payment methods and convert it into RMB.

Note:

  • Before exchanging, you need to confirm whether the trading platform supports u-coin exchange.
  • Choose a platform with good reputation and low handling fee for redemption.
  • Check the transaction details carefully to avoid losses caused by misoperation.

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