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How to Purchase Dai (DAI) with michi ($MICHI) in Canada

To buy Dai using michi, first, find a cryptocurrency exchange that supports the DAI/$MICHI trading pair. Create an account, verify your identity, and deposit your $MICHI into your exchange wallet. Locate the DAI/$MICHI pair on the trading platform and place an order to exchange your michi for Dai. If the DAI/$MICHI pair is unavailable, you can first exchange michi 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 in Canada.

How to Sell Dai (DAI) for michi ($MICHI) in Canada

To sell Dai for michi, first, find a cryptocurrency exchange that supports the DAI/$MICHI trading pair. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/$MICHI pair on the trading platform and place a sell order to exchange your Dai for michi. If the DAI/$MICHI pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for michi. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive in Canadian dollars.