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