How to Purchase Lido Staked Ether (STETH) Using Phoenix Global [OLD] (PHB) in China

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