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 $1.00 USD
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Platform | Dai | United States Dollar |
---|---|---|
Nexo | 1 DAI | 1.00 USD |
Uphold | 1 DAI | 1.00 USD |
EarnPark | 1 DAI | 1.00 USD |
Kraken | 1 DAI | 1.00 USD |
YouHodler | 1 DAI | 1.00 USD |
Coinbase | 1 DAI | 1.00 USD |
Wirex | 1 DAI | 1.00 USD |
Crypto.com | 1 DAI | 1.00 USD |
SwissBorg | 1 DAI | 1.00 USD |
To buy Dai using United States Dollar, first, find a cryptocurrency exchange that supports the DAI/USD trading pair, such as Nexo or Uphold. Create an account, verify your identity, and deposit your USD into your exchange wallet. Locate the DAI/USD pair on the trading platform and place an order to exchange your United States Dollar for Dai. If the DAI/USD pair is unavailable, you can first exchange United States Dollar 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 United States Dollar, first, find a cryptocurrency exchange that supports the DAI/USD trading pair, such as Nexo or Uphold. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/USD pair on the trading platform and place a sell order to exchange your Dai for United States Dollar. If the DAI/USD pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. 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...