How does Tether compare to other stablecoins like USDC and DAI?
A post by Ohidul Islam
To buy Dai using BENQI Liquid Staked AVAX, first, find a cryptocurrency exchange that supports the DAI/SAVAX trading pair. Create an account, verify your identity, and deposit your SAVAX into your exchange wallet. Locate the DAI/SAVAX pair on the trading platform and place an order to exchange your BENQI Liquid Staked AVAX for Dai. If the DAI/SAVAX pair is unavailable, you can first exchange BENQI Liquid Staked AVAX 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 BENQI Liquid Staked AVAX, first, find a cryptocurrency exchange that supports the DAI/SAVAX trading pair. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/SAVAX pair on the trading platform and place a sell order to exchange your Dai for BENQI Liquid Staked AVAX. If the DAI/SAVAX pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for BENQI Liquid Staked AVAX. 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...