How does Tether compare to other stablecoins like USDC and DAI?
A post by Ohidul Islam
Platform | USDC | Shiba Inu |
---|---|---|
YouHodler | 1 USDC | 36,151.07 SHIB |
To buy USDC using Shiba Inu, first, find a cryptocurrency exchange that supports the USDC/SHIB trading pair. Create an account, verify your identity, and deposit your SHIB into your exchange wallet. Locate the USDC/SHIB pair on the trading platform and place an order to exchange your Shiba Inu for USDC. If the USDC/SHIB pair is unavailable, you can first exchange Shiba Inu 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 cost of your transaction.
To sell USDC for Shiba Inu, first, find a cryptocurrency exchange that supports the USDC/SHIB trading pair. Create an account, verify your identity, and deposit your USDC into your exchange wallet. Locate the USDC/SHIB pair on the trading platform and place a sell order to exchange your USDC for Shiba Inu. If the USDC/SHIB pair is unavailable, you can first sell USDC for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Shiba Inu. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Ohidul Islam