How does Tether compare to other stablecoins like USDC and DAI?
A post by Ohidul Islam
To buy Dai using Hedera, first, find a cryptocurrency exchange that supports the DAI/HBAR trading pair, such as Wirex. Create an account, verify your identity, and deposit your HBAR into your exchange wallet. Locate the DAI/HBAR pair on the trading platform and place an order to exchange your Hedera for Dai. If the DAI/HBAR pair is unavailable, you can first exchange Hedera 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 Hedera, first, find a cryptocurrency exchange that supports the DAI/HBAR trading pair, such as Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/HBAR pair on the trading platform and place a sell order to exchange your Dai for Hedera. If the DAI/HBAR pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Hedera. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Ohidul Islam
Uphold, a New York-based cryptocurrency exchange, has announced that it will cease support for...