How to Buy Dai (DAI) with 1inch (1INCH)
To buy Dai using 1inch, first, find a cryptocurrency exchange that supports the DAI/1INCH trading pair. Create an account, verify your identity, and deposit your 1INCH into your exchange wallet. Locate the DAI/1INCH pair on the trading platform and place an order to exchange your 1inch for Dai. If the DAI/1INCH pair is unavailable, you can first exchange 1inch 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 cost of your transaction.
How to Sell Dai (DAI) for 1inch (1INCH)
To sell Dai for 1inch, first, find a cryptocurrency exchange that supports the DAI/1INCH trading pair. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/1INCH pair on the trading platform and place a sell order to exchange your Dai for 1inch. If the DAI/1INCH pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for 1inch. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.