Crypto Exchange Uphold Ceases Support for Multiple Stablecoins Ahead of MiCA Regulations
Uphold, a New York-based cryptocurrency exchange, has announced that it will cease support for...
1 Dai equals 0.0018 BNB
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Platform | Dai | Binance Coin |
---|---|---|
YouHodler | 1 DAI | 0.0018 BNB |
Wirex | 1 DAI | 0.002 BNB |
Binance | 1 DAI | 0.002 BNB |
To buy Dai using Binance Coin, first, find a cryptocurrency exchange that supports the DAI/BNB trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your BNB into your exchange wallet. Locate the DAI/BNB pair on the trading platform and place an order to exchange your Binance Coin for Dai. If the DAI/BNB pair is unavailable, you can first exchange Binance Coin 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 Binance Coin, first, find a cryptocurrency exchange that supports the DAI/BNB trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/BNB pair on the trading platform and place a sell order to exchange your Dai for Binance Coin. If the DAI/BNB pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance Coin. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
Uphold, a New York-based cryptocurrency exchange, has announced that it will cease support for...