How to Purchase Lido Staked Ether (STETH) Using Merlin Chain (MERL) in China

To buy Lido Staked Ether using Merlin Chain, first, find a cryptocurrency exchange that supports the STETH/MERL trading pair. Create an account, complete the KYC process to verify your identity, and deposit your MERL into your exchange wallet. Locate the STETH/MERL pair on the trading platform and place an order to exchange your Merlin Chain for Lido Staked Ether. If the STETH/MERL pair is unavailable, you can first exchange Merlin Chain 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.