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 Pax Dollar equals $1 DAI
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Platform | Pax Dollar | Dai |
---|---|---|
YouHodler | 1 USDP | 1 DAI |
Wirex | 1 USDP | 1 DAI |
To buy Pax Dollar using Dai, first, find a cryptocurrency exchange that supports the USDP/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the USDP/DAI pair on the trading platform and place an order to exchange your Dai for Pax Dollar. If the USDP/DAI pair is unavailable, you can first exchange Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Pax Dollar. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Pax Dollar for Dai, first, find a cryptocurrency exchange that supports the USDP/DAI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your USDP into your exchange wallet. Locate the USDP/DAI pair on the trading platform and place a sell order to exchange your Pax Dollar for Dai. If the USDP/DAI pair is unavailable, you can first sell Pax Dollar 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 amount you receive.
Uphold, a New York-based cryptocurrency exchange, has announced that it will cease support for...