BitcompareBitcompare

How to Purchase Polkadot (DOT) Using Luminous (LUM) in China

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

How to Exchange Polkadot (DOT) for Luminous (LUM) in the Chinese Market

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