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How to Purchase United States Dollar (USD) Using Covalent Query Token (CQT) in China

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

How to Exchange United States Dollar (USD) for Covalent Query Token (CQT) in the Chinese Market

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