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 0.0973 LINK
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Platform | Dai | Chainlink |
---|---|---|
YouHodler | 1 DAI | 0.0973 LINK |
Wirex | 1 DAI | 0.0992 LINK |
To buy Dai using Chainlink, first, find a cryptocurrency exchange that supports the DAI/LINK trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your LINK into your exchange wallet. Locate the DAI/LINK pair on the trading platform and place an order to exchange your Chainlink for Dai. If the DAI/LINK pair is unavailable, you can first exchange Chainlink 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 Chainlink, first, find a cryptocurrency exchange that supports the DAI/LINK trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/LINK pair on the trading platform and place a sell order to exchange your Dai for Chainlink. If the DAI/LINK pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Chainlink. 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...