How to Purchase Stellar (XLM) Using Elixir deUSD (DEUSD) in China
To buy Stellar using Elixir deUSD, first, find a cryptocurrency exchange that supports the XLM/DEUSD trading pair. Create an account, complete the KYC process to verify your identity, and deposit your DEUSD into your exchange wallet. Locate the XLM/DEUSD pair on the trading platform and place an order to exchange your Elixir deUSD for Stellar. If the XLM/DEUSD pair is unavailable, you can first exchange Elixir deUSD for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Stellar. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.
How to Exchange Stellar (XLM) for Elixir deUSD (DEUSD) in the Chinese Market
To sell Stellar for Elixir deUSD, first, find a cryptocurrency exchange that supports the XLM/DEUSD trading pair. Create an account, complete the identity verification process, and deposit your XLM into your exchange wallet. Locate the XLM/DEUSD pair on the trading platform and place a sell order to exchange your Stellar for Elixir deUSD. If the XLM/DEUSD pair is unavailable, you can first sell Stellar for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Elixir deUSD. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.