How to Purchase Cap USD (CUSD) Using Bitcoin (BTC) in China
To buy Cap USD using Bitcoin, first, find a cryptocurrency exchange that supports the CUSD/BTC trading pair. Create an account, complete the KYC process to verify your identity, and deposit your BTC into your exchange wallet. Locate the CUSD/BTC pair on the trading platform and place an order to exchange your Bitcoin for Cap USD. If the CUSD/BTC pair is unavailable, you can first exchange Bitcoin for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Cap USD. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.
How to Exchange Cap USD (CUSD) for Bitcoin (BTC) in the Chinese Market
To sell Cap USD for Bitcoin, first, find a cryptocurrency exchange that supports the CUSD/BTC trading pair. Create an account, complete the identity verification process, and deposit your CUSD into your exchange wallet. Locate the CUSD/BTC pair on the trading platform and place a sell order to exchange your Cap USD for Bitcoin. If the CUSD/BTC pair is unavailable, you can first sell Cap USD 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 total amount you receive.
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