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