How to Purchase United States Dollar (USD) Using Ethereum (ETH) in China

To buy United States Dollar using Ethereum, first, find a cryptocurrency exchange that supports the USD/ETH trading pair, such as Nexo, EarnPark, YouHodler or BTSE. Create an account, complete the KYC process to verify your identity, and deposit your ETH into your exchange wallet. Locate the USD/ETH pair on the trading platform and place an order to exchange your Ethereum for United States Dollar. If the USD/ETH pair is unavailable, you can first exchange Ethereum 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.