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How to Purchase Bitcoin (BTC) Using BitcoinX (BCX) in China

To buy Bitcoin using BitcoinX, first, find a cryptocurrency exchange that supports the BTC/BCX trading pair. Create an account, complete the KYC process to verify your identity, and deposit your BCX into your exchange wallet. Locate the BTC/BCX pair on the trading platform and place an order to exchange your BitcoinX for Bitcoin. If the BTC/BCX pair is unavailable, you can first exchange BitcoinX for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.

How to Exchange Bitcoin (BTC) for BitcoinX (BCX) in the Chinese Market

To sell Bitcoin for BitcoinX, first, find a cryptocurrency exchange that supports the BTC/BCX trading pair. Create an account, complete the identity verification process, and deposit your BTC into your exchange wallet. Locate the BTC/BCX pair on the trading platform and place a sell order to exchange your Bitcoin for BitcoinX. If the BTC/BCX pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for BitcoinX. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.