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 0.0004 ETH
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Platform | Dai | Ethereum |
---|---|---|
YouHodler | 1 DAI | 0.0004 ETH |
Wirex | 1 DAI | 0.0004 ETH |
Kraken | 1 DAI | 0.0004 ETH |
OKX | 1 DAI | 0.0004 ETH |
Binance | 1 DAI | 0.0004 ETH |
Coinbase | 1 DAI | 0.0004 ETH |
Bitmart | 1 DAI | 0.0004 ETH |
Kucoin | 1 DAI | 0.0004 ETH |
Bybit | 1 DAI | 0.0004 ETH |
To buy Dai using Ethereum, first, find a cryptocurrency exchange that supports the DAI/ETH trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your ETH into your exchange wallet. Locate the DAI/ETH pair on the trading platform and place an order to exchange your Ethereum for Dai. If the DAI/ETH pair is unavailable, you can first exchange Ethereum 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 Ethereum, first, find a cryptocurrency exchange that supports the DAI/ETH trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/ETH pair on the trading platform and place a sell order to exchange your Dai for Ethereum. If the DAI/ETH pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Ethereum. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
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