Compare Exchange Rates for LINK to DAI
Platform | Chainlink | Binance-Peg DAI |
---|---|---|
YouHodler | 1 LINK | 15.65 DAI |
How to Buy Chainlink (LINK) with Binance-Peg DAI (DAI)
To purchase Chainlink using Binance-Peg DAI, begin by finding a cryptocurrency exchange that offers the LINK/DAI trading pair. Set up an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the LINK/DAI pair on the trading platform and place an order to swap your Binance-Peg DAI for Chainlink. If the LINK/DAI pair is not available, you can initially exchange Binance-Peg DAI for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Chainlink. Be aware of potential exchange fees, which differ by platform and can impact the total cost of your transaction.
How to Sell Chainlink (LINK) for Binance-Peg DAI (DAI)
To sell Chainlink for Binance-Peg DAI, first, find a cryptocurrency exchange that supports the LINK/DAI trading pair. Create an account, verify your identity, and deposit your LINK into your exchange wallet. Locate the LINK/DAI pair on the trading platform and place a sell order to exchange your Chainlink for Binance-Peg DAI. If the LINK/DAI pair is unavailable, you can first sell Chainlink for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance-Peg DAI. Be aware of potential exchange fees, which vary by platform and can affect the total amount you receive.