USD to DAI: Convert and Swap United States Dollar (USD) to Dai (DAI)
Compare Exchange Rates for USD to DAI
| Platform | United States Dollar | Dai |
|---|---|---|
| Uphold | 1 USD | 1 DAI |
| YouHodler | 1 USD | 1 DAI |
How to Buy United States Dollar (USD) with Dai (DAI)
To buy United States Dollar using Dai, first, find a cryptocurrency exchange that supports the USD/DAI trading pair, such as Nexo or Uphold. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the USD/DAI pair on the trading platform and place an order to exchange your Dai for United States Dollar. If the USD/DAI pair is unavailable, you can first exchange Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell United States Dollar (USD) for Dai (DAI)
To sell United States Dollar for Dai, first, find a cryptocurrency exchange that supports the USD/DAI trading pair, such as Nexo or Uphold. Create an account, verify your identity, and deposit your USD into your exchange wallet. Locate the USD/DAI pair on the trading platform and place a sell order to exchange your United States Dollar for Dai. If the USD/DAI pair is unavailable, you can first sell United States 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.
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