BitcompareBitcompare

How to Purchase Bitcoin (BTC) Using Franklin (FLY) in China

To buy Bitcoin using Franklin, first, find a cryptocurrency exchange that supports the BTC/FLY trading pair. Create an account, complete the KYC process to verify your identity, and deposit your FLY into your exchange wallet. Locate the BTC/FLY pair on the trading platform and place an order to exchange your Franklin for Bitcoin. If the BTC/FLY pair is unavailable, you can first exchange Franklin 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 Franklin (FLY) in the Chinese Market

To sell Bitcoin for Franklin, first, find a cryptocurrency exchange that supports the BTC/FLY trading pair. Create an account, complete the identity verification process, and deposit your BTC into your exchange wallet. Locate the BTC/FLY pair on the trading platform and place a sell order to exchange your Bitcoin for Franklin. If the BTC/FLY 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 Franklin. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.