How to Purchase United States Dollar (USD) Using Layer3 (L3) in China

To buy United States Dollar using Layer3, first, find a cryptocurrency exchange that supports the USD/L3 trading pair, such as Kraken or Crypto.com. Create an account, complete the KYC process to verify your identity, and deposit your L3 into your exchange wallet. Locate the USD/L3 pair on the trading platform and place an order to exchange your Layer3 for United States Dollar. If the USD/L3 pair is unavailable, you can first exchange Layer3 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.