How to Purchase United States Dollar (USD) Using Lido Staked Ether (STETH) in China

To buy United States Dollar using Lido Staked Ether, first, find a cryptocurrency exchange that supports the USD/STETH trading pair. Create an account, complete the KYC process to verify your identity, and deposit your STETH into your exchange wallet. Locate the USD/STETH pair on the trading platform and place an order to exchange your Lido Staked Ether for United States Dollar. If the USD/STETH pair is unavailable, you can first exchange Lido Staked Ether 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.