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