The invention discloses a convergent protocol converter and a transceiving method thereof for automatically recognizing high-level data link control (HDLC) / generic framing procedure (GFP) user side protocol converters. An HDLC / GFP automatic processing module is arranged between an ethernet data-caching module and a virtual concatenate (VCAT) and link capacity adjustment scheme (LCAS) module, thereby automatic HDLC and GFP framing / deframing of a local side single convergent converter is achieved, the transmission of information with multiple far-end single way, multiple ways, HDLC type or GFP type E1 protocol converters is achieved, by means of the mode, the automatic identification can be performed when the user side changes different types of protocol converters, and a system which is high in cost performance ratio and compatibility and convenient to install and maintain can be flexibly achieved.