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 TrueUSD equals $1.00 DAI
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Platform | TrueUSD | Dai |
---|---|---|
YouHodler | 1 TUSD | 1.00 DAI |
Wirex | 1 TUSD | 1.00 DAI |
To buy TrueUSD using Dai, first, find a cryptocurrency exchange that supports the TUSD/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the TUSD/DAI pair on the trading platform and place an order to exchange your Dai for TrueUSD. If the TUSD/DAI pair is unavailable, you can first exchange Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for TrueUSD. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell TrueUSD for Dai, first, find a cryptocurrency exchange that supports the TUSD/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your TUSD into your exchange wallet. Locate the TUSD/DAI pair on the trading platform and place a sell order to exchange your TrueUSD for Dai. If the TUSD/DAI pair is unavailable, you can first sell TrueUSD 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...