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How to Purchase Dai (DAI) Using GUSD (GUSD) in China

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

How to Exchange Dai (DAI) for GUSD (GUSD) in the Chinese Market

To sell Dai for GUSD, first, find a cryptocurrency exchange that supports the DAI/GUSD trading pair. Create an account, complete the identity verification process, and deposit your DAI into your exchange wallet. Locate the DAI/GUSD pair on the trading platform and place a sell order to exchange your Dai for GUSD. If the DAI/GUSD pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for GUSD. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.