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 $0.77 XTZ
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Platform | Dai | Tezos |
---|---|---|
YouHodler | 1 DAI | 0.77 XTZ |
Wirex | 1 DAI | 0.77 XTZ |
To buy Dai using Tezos, first, find a cryptocurrency exchange that supports the DAI/XTZ trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your XTZ into your exchange wallet. Locate the DAI/XTZ pair on the trading platform and place an order to exchange your Tezos for Dai. If the DAI/XTZ pair is unavailable, you can first exchange Tezos 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 Tezos, first, find a cryptocurrency exchange that supports the DAI/XTZ trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/XTZ pair on the trading platform and place a sell order to exchange your Dai for Tezos. If the DAI/XTZ pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Tezos. 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...
The Tezos blockchain, known for its record-breaking $232 million initial coin offering (ICO) in 2017,...