How to Purchase Dai (DAI) Using TrueUSD (TUSD) in China
To buy Dai using TrueUSD, first, find a cryptocurrency exchange that supports the DAI/TUSD trading pair, such as YouHodler or Wirex. Create an account, complete the KYC process to verify your identity, and deposit your TUSD into your exchange wallet. Locate the DAI/TUSD pair on the trading platform and place an order to exchange your TrueUSD for Dai. If the DAI/TUSD pair is unavailable, you can first exchange TrueUSD for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Dai. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.
How to Exchange Dai (DAI) for TrueUSD (TUSD) in the Chinese Market
To sell Dai for TrueUSD, first, find a cryptocurrency exchange that supports the DAI/TUSD trading pair, such as YouHodler or Wirex. Create an account, complete the identity verification process, and deposit your DAI into your exchange wallet. Locate the DAI/TUSD pair on the trading platform and place a sell order to exchange your Dai for TrueUSD. If the DAI/TUSD pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for TrueUSD. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.
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