How to Buy Binance-Peg DAI (DAI) with Pi Network [IOU] (PI)
To buy Binance-Peg DAI using Pi Network [IOU], first, find a cryptocurrency exchange that supports the DAI/PI trading pair. Create an account, verify your identity, and deposit your PI into your exchange wallet. Locate the DAI/PI pair on the trading platform and place an order to exchange your Pi Network [IOU] for Binance-Peg DAI. If the DAI/PI pair is unavailable, you can first exchange Pi Network [IOU] for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance-Peg DAI. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell Binance-Peg DAI (DAI) for Pi Network [IOU] (PI)
To sell Binance-Peg DAI for Pi Network [IOU], first, find a cryptocurrency exchange that supports the DAI/PI trading pair. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/PI pair on the trading platform and place a sell order to exchange your Binance-Peg DAI for Pi Network [IOU]. If the DAI/PI pair is unavailable, you can first sell Binance-Peg DAI for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Pi Network [IOU]. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.