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 Dai equals $0.0019 BCH
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Platform | Dai | Bitcoin Cash |
---|---|---|
YouHodler | 1 DAI | 0.0019 BCH |
Wirex | 1 DAI | 0.0021 BCH |
To buy Dai using Bitcoin Cash, first, find a cryptocurrency exchange that supports the DAI/BCH trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your BCH into your exchange wallet. Locate the DAI/BCH pair on the trading platform and place an order to exchange your Bitcoin Cash for Dai. If the DAI/BCH pair is unavailable, you can first exchange Bitcoin Cash 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.
To sell Dai for Bitcoin Cash, first, find a cryptocurrency exchange that supports the DAI/BCH trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/BCH pair on the trading platform and place a sell order to exchange your Dai for Bitcoin Cash. If the DAI/BCH pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin Cash. 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...