Crypto Exchange Uphold Ceases Support for Multiple Stablecoins Ahead of MiCA Regulations
Uphold, a New York-based cryptocurrency exchange, has announced that it will cease support for...
1 Bitcoin Cash equals $518.6 DAI
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Platform | Bitcoin Cash | Dai |
---|---|---|
YouHodler | 1 BCH | 518.6 DAI |
Wirex | 1 BCH | 514.82 DAI |
To buy Bitcoin Cash using Dai, first, find a cryptocurrency exchange that supports the BCH/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the BCH/DAI pair on the trading platform and place an order to exchange your Dai for Bitcoin Cash. If the BCH/DAI pair is unavailable, you can first exchange Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin Cash. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Bitcoin Cash for Dai, first, find a cryptocurrency exchange that supports the BCH/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your BCH into your exchange wallet. Locate the BCH/DAI pair on the trading platform and place a sell order to exchange your Bitcoin Cash for Dai. If the BCH/DAI pair is unavailable, you can first sell Bitcoin Cash 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.
Uphold, a New York-based cryptocurrency exchange, has announced that it will cease support for...