How to Purchase Algorand (ALGO) Using Hong Kong Dollar (HKD) in China

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