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How to Purchase Dai (DAI) using TrueUSD (TUSD)

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, 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, 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 Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.

How to Sell Dai (DAI) for TrueUSD (TUSD) in Germany

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, verify your identity, 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, then trade that for TrueUSD. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.