How does Tether compare to other stablecoins like USDC and DAI?
A post by Ohidul Islam
1 Dai equals $0 PAXG
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Platform | Dai | PAX Gold |
---|---|---|
YouHodler | 1 DAI | 0.0337 PAXG |
Wirex | 1 DAI | 0.0337 PAXG |
To buy Dai using PAX Gold, first, find a cryptocurrency exchange that supports the DAI/PAXG trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your PAXG into your exchange wallet. Locate the DAI/PAXG pair on the trading platform and place an order to exchange your PAX Gold for Dai. If the DAI/PAXG pair is unavailable, you can first exchange PAX Gold 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 PAX Gold, first, find a cryptocurrency exchange that supports the DAI/PAXG trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/PAXG pair on the trading platform and place a sell order to exchange your Dai for PAX Gold. If the DAI/PAXG pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for PAX Gold. 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...