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 Swiss Franc equals 1.17 DAI
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Platform | Swiss Franc | Dai |
---|---|---|
YouHodler | 1 CHF | 1.17 DAI |
Wirex | 1 CHF | 1.18 DAI |
To buy Swiss Franc using Dai, first, find a cryptocurrency exchange that supports the CHF/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the CHF/DAI pair on the trading platform and place an order to exchange your Dai for Swiss Franc. If the CHF/DAI pair is unavailable, you can first exchange Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Swiss Franc. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Swiss Franc for Dai, first, find a cryptocurrency exchange that supports the CHF/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your CHF into your exchange wallet. Locate the CHF/DAI pair on the trading platform and place a sell order to exchange your Swiss Franc for Dai. If the CHF/DAI pair is unavailable, you can first sell Swiss Franc 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...