How to Purchase Dai (DAI) Using Ethereum (ETH)
To purchase Dai using Ethereum, start by finding a cryptocurrency exchange that offers the DAI/ETH trading pair. Create an account, verify your identity, and deposit your ETH into your exchange wallet. Then, locate the DAI/ETH pair on the platform and place an order to trade your Ethereum for Dai. If the pair is unavailable, you can first exchange Ethereum for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Dai. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.
How to Exchange Dai (DAI) for Ethereum (ETH)
To sell Dai for Ethereum, first, find a cryptocurrency exchange that supports the DAI/ETH trading pair. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the DAI/ETH pair on the trading platform and place a sell order to exchange your Dai for Ethereum. If the DAI/ETH pair is unavailable, you can first sell Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Ethereum. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.

