How to Buy Dai (DAI) with Pi Network [IOU] (PI)
To buy Dai using Pi Network [IOU], first, find a cryptocurrency exchange that supports the DAI/PI trading pair. Create an account, verify your identity, and deposit your PI into your exchange wallet. Locate the DAI/PI pair on the trading platform and place an order to exchange your Pi Network [IOU] for Dai. If the DAI/PI pair is unavailable, you can first exchange Pi Network [IOU] 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.
How to Sell Dai (DAI) for Pi Network [IOU] (PI)
To sell Dai for Pi Network [IOU], first, find a cryptocurrency exchange that supports the DAI/PI trading pair. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/PI pair on the trading platform and place a sell order to exchange your Dai for Pi Network [IOU]. If the DAI/PI pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Pi Network [IOU]. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.