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 USDC
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Platform | Dai | USDC |
---|---|---|
OKX | 1 DAI | 1 USDC |
YouHodler | 1 DAI | 1 USDC |
Coinbase | 1 DAI | 1 USDC |
Bitmart | 1 DAI | 1 USDC |
Wirex | 1 DAI | 1 USDC |
To buy Dai using USDC, first, find a cryptocurrency exchange that supports the DAI/USDC trading pair, such as OKX or YouHodler. Create an account, verify your identity, and deposit your USDC into your exchange wallet. Locate the DAI/USDC pair on the trading platform and place an order to exchange your USDC for Dai. If the DAI/USDC pair is unavailable, you can first exchange USDC 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 USDC, first, find a cryptocurrency exchange that supports the DAI/USDC trading pair, such as OKX or YouHodler. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/USDC pair on the trading platform and place a sell order to exchange your Dai for USDC. If the DAI/USDC pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for USDC. 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...
Tether, the leading stablecoin issuer, has significantly increased its market dominance following the...