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 $154.85 JPY
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Platform | Dai | Japanese Yen |
---|---|---|
Wirex | 1 DAI | 154.85 JPY |
To buy Dai using Japanese Yen, first, find a cryptocurrency exchange that supports the DAI/JPY trading pair, such as Wirex. Create an account, verify your identity, and deposit your JPY into your exchange wallet. Locate the DAI/JPY pair on the trading platform and place an order to exchange your Japanese Yen for Dai. If the DAI/JPY pair is unavailable, you can first exchange Japanese Yen 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 Japanese Yen, first, find a cryptocurrency exchange that supports the DAI/JPY trading pair, such as Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/JPY pair on the trading platform and place a sell order to exchange your Dai for Japanese Yen. If the DAI/JPY pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Japanese Yen. 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...