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 $0.25 ATOM
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Platform | Dai | Cosmos |
---|---|---|
Wirex | 1 DAI | 0.25 ATOM |
YouHodler | 1 DAI | 0.25 ATOM |
To buy Dai using Cosmos, first, find a cryptocurrency exchange that supports the DAI/ATOM trading pair, such as Wirex or YouHodler. Create an account, verify your identity, and deposit your ATOM into your exchange wallet. Locate the DAI/ATOM pair on the trading platform and place an order to exchange your Cosmos for Dai. If the DAI/ATOM pair is unavailable, you can first exchange Cosmos 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 Cosmos, first, find a cryptocurrency exchange that supports the DAI/ATOM trading pair, such as Wirex or YouHodler. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/ATOM pair on the trading platform and place a sell order to exchange your Dai for Cosmos. If the DAI/ATOM pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Cosmos. 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...