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 Fantom equals $0.91 DAI
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Platform | Fantom | Dai |
---|---|---|
YouHodler | 1 FTM | 0.91 DAI |
Wirex | 1 FTM | 0.91 DAI |
To buy Fantom using Dai, first, find a cryptocurrency exchange that supports the FTM/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the FTM/DAI pair on the trading platform and place an order to exchange your Dai for Fantom. If the FTM/DAI pair is unavailable, you can first exchange Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Fantom. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Fantom for Dai, first, find a cryptocurrency exchange that supports the FTM/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your FTM into your exchange wallet. Locate the FTM/DAI pair on the trading platform and place a sell order to exchange your Fantom for Dai. If the FTM/DAI pair is unavailable, you can first sell Fantom 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 amount you receive.
Uphold, a New York-based cryptocurrency exchange, has announced that it will cease support for...