How does Tether compare to other stablecoins like USDC and DAI?
A post by Ohidul Islam
1 Axie Infinity equals $6.75 DAI
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Platform | Axie Infinity | Dai |
---|---|---|
YouHodler | 1 AXS | 6.75 DAI |
To buy Axie Infinity using Dai, first, find a cryptocurrency exchange that supports the AXS/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the AXS/DAI pair on the trading platform and place an order to exchange your Dai for Axie Infinity. If the AXS/DAI pair is unavailable, you can first exchange Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Axie Infinity. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Axie Infinity for Dai, first, find a cryptocurrency exchange that supports the AXS/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your AXS into your exchange wallet. Locate the AXS/DAI pair on the trading platform and place a sell order to exchange your Axie Infinity for Dai. If the AXS/DAI pair is unavailable, you can first sell Axie Infinity for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Dai. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Ohidul Islam
Uphold, a New York-based cryptocurrency exchange, has announced that it will cease support for...