How to Purchase Stellar (XLM) Using Liquity USD (LUSD) in China
To buy Stellar using Liquity USD, first, find a cryptocurrency exchange that supports the XLM/LUSD trading pair. Create an account, complete the KYC process to verify your identity, and deposit your LUSD into your exchange wallet. Locate the XLM/LUSD pair on the trading platform and place an order to exchange your Liquity USD for Stellar. If the XLM/LUSD pair is unavailable, you can first exchange Liquity USD 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 Liquity USD (LUSD) in the Chinese Market
To sell Stellar for Liquity USD, first, find a cryptocurrency exchange that supports the XLM/LUSD trading pair. Create an account, complete the identity verification process, and deposit your XLM into your exchange wallet. Locate the XLM/LUSD pair on the trading platform and place a sell order to exchange your Stellar for Liquity USD. If the XLM/LUSD 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 Liquity USD. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.
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