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 $0.02 ILV
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Platform | Dai | Illuvium |
---|---|---|
YouHodler | 1 DAI | 0.02 ILV |
To buy Dai using Illuvium, first, find a cryptocurrency exchange that supports the DAI/ILV trading pair, such as YouHodler. Create an account, verify your identity, and deposit your ILV into your exchange wallet. Locate the DAI/ILV pair on the trading platform and place an order to exchange your Illuvium for Dai. If the DAI/ILV pair is unavailable, you can first exchange Illuvium 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 Illuvium, first, find a cryptocurrency exchange that supports the DAI/ILV trading pair, such as YouHodler. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/ILV pair on the trading platform and place a sell order to exchange your Dai for Illuvium. If the DAI/ILV pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Illuvium. 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...