How to Purchase Bitcoin (BTC) Using sUSDS (SUSDS) in China
To buy Bitcoin using sUSDS, first, find a cryptocurrency exchange that supports the BTC/SUSDS trading pair. Create an account, complete the KYC process to verify your identity, and deposit your SUSDS into your exchange wallet. Locate the BTC/SUSDS pair on the trading platform and place an order to exchange your sUSDS for Bitcoin. If the BTC/SUSDS pair is unavailable, you can first exchange sUSDS 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 sUSDS (SUSDS) in the Chinese Market
To sell Bitcoin for sUSDS, first, find a cryptocurrency exchange that supports the BTC/SUSDS trading pair. Create an account, complete the identity verification process, and deposit your BTC into your exchange wallet. Locate the BTC/SUSDS pair on the trading platform and place a sell order to exchange your Bitcoin for sUSDS. If the BTC/SUSDS 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 sUSDS. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.
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