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 0.6931 FTT
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Platform | Dai | FTX Token |
---|---|---|
Wirex | 1 DAI | 0.6931 FTT |
YouHodler | 1 DAI | 0.7813 FTT |
To buy Dai using FTX Token, first, find a cryptocurrency exchange that supports the DAI/FTT trading pair, such as Wirex or YouHodler. Create an account, verify your identity, and deposit your FTT into your exchange wallet. Locate the DAI/FTT pair on the trading platform and place an order to exchange your FTX Token for Dai. If the DAI/FTT pair is unavailable, you can first exchange FTX Token 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 FTX Token, first, find a cryptocurrency exchange that supports the DAI/FTT trading pair, such as Wirex or YouHodler. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/FTT pair on the trading platform and place a sell order to exchange your Dai for FTX Token. If the DAI/FTT pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for FTX Token. 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...