How to Purchase Lido Staked Ether (STETH) Using Degen (DEGEN) in China

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