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How to Purchase Polkadot (DOT) Using BlockFi (BFI) in China

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

How to Exchange Polkadot (DOT) for BlockFi (BFI) in the Chinese Market

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