How does Tether compare to other stablecoins like USDC and DAI?
A post by Ohidul Islam
1 Dai equals $3.64 BAT
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Platform | Dai | Basic Attention |
---|---|---|
YouHodler | 1 DAI | 3.64 BAT |
Wirex | 1 DAI | 3.54 BAT |
To buy Dai using Basic Attention, first, find a cryptocurrency exchange that supports the DAI/BAT trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your BAT into your exchange wallet. Locate the DAI/BAT pair on the trading platform and place an order to exchange your Basic Attention for Dai. If the DAI/BAT pair is unavailable, you can first exchange Basic Attention 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 Basic Attention, first, find a cryptocurrency exchange that supports the DAI/BAT trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/BAT pair on the trading platform and place a sell order to exchange your Dai for Basic Attention. If the DAI/BAT pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Basic Attention. 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...