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