How to Purchase Frax (prev. FXS) (FRAX) Using Lido Staked Ether (STETH) in China

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