How to Purchase Celo Dollar (CUSD) Using Bitcoin (BTC) in China
To buy Celo Dollar 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 Celo Dollar. 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 Celo Dollar. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.
How to Exchange Celo Dollar (CUSD) for Bitcoin (BTC) in the Chinese Market
To sell Celo Dollar 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 Celo Dollar for Bitcoin. If the CUSD/BTC pair is unavailable, you can first sell Celo Dollar 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.