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