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 $1.4 CAD
Set an alert now, and we’ll tell you when it gets better. And with our daily summaries, you’ll never miss out on the latest news.
Platform | Dai | Canadian Dollar |
---|---|---|
YouHodler | 1 DAI | 1.4 CAD |
Wirex | 1 DAI | 1.4 CAD |
To buy Dai using Canadian Dollar, first, find a cryptocurrency exchange that supports the DAI/CAD trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your CAD into your exchange wallet. Locate the DAI/CAD pair on the trading platform and place an order to exchange your Canadian Dollar for Dai. If the DAI/CAD pair is unavailable, you can first exchange Canadian Dollar 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 Canadian Dollar, first, find a cryptocurrency exchange that supports the DAI/CAD trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/CAD pair on the trading platform and place a sell order to exchange your Dai for Canadian Dollar. If the DAI/CAD pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Canadian Dollar. 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...