How does Tether compare to other stablecoins like USDC and DAI?
A post by Ohidul Islam
To buy Dai using Hyperliquid, first, find a cryptocurrency exchange that supports the DAI/HYPE trading pair. Create an account, verify your identity, and deposit your HYPE into your exchange wallet. Locate the DAI/HYPE pair on the trading platform and place an order to exchange your Hyperliquid for Dai. If the DAI/HYPE pair is unavailable, you can first exchange Hyperliquid 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 Hyperliquid, first, find a cryptocurrency exchange that supports the DAI/HYPE trading pair. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/HYPE pair on the trading platform and place a sell order to exchange your Dai for Hyperliquid. If the DAI/HYPE pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Hyperliquid. 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...