How does Tether compare to other stablecoins like USDC and DAI?
A post by Ohidul Islam
1 Dai equals $0.75 APE
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Platform | Dai | ApeCoin |
---|---|---|
YouHodler | 1 DAI | 0.75 APE |
Wirex | 1 DAI | 0.73 APE |
To buy Dai using ApeCoin, first, find a cryptocurrency exchange that supports the DAI/APE trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your APE into your exchange wallet. Locate the DAI/APE pair on the trading platform and place an order to exchange your ApeCoin for Dai. If the DAI/APE pair is unavailable, you can first exchange ApeCoin 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.
To sell Dai for ApeCoin, first, find a cryptocurrency exchange that supports the DAI/APE trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/APE pair on the trading platform and place a sell order to exchange your Dai for ApeCoin. If the DAI/APE pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for ApeCoin. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Ohidul Islam
Uphold, a New York-based cryptocurrency exchange, has announced that it will cease support for...