-
Bitcoin $87,915.1013
4.01% - Ethereum
$1,626.0336
3.05% - Tether USDt
$1.0002
0.03% - XRP
$2.1225
3.25% - BNB
$603.9394
2.51% - Solana
$138.6104
1.03% - USDC
$1.0000
0.01% - Dogecoin
$0.1612
4.65% - TRON
$0.2431
-0.84% - Cardano
$0.6407
4.19% - Chainlink
$13.4436
2.16% - Avalanche
$20.5554
5.48% - UNUS SED LEO
$9.0885
-2.49% - Stellar
$0.2597
7.37% - Toncoin
$3.0010
0.25% - Shiba Inu
$0.0...01257
1.68% - Sui
$2.2420
6.60% - Hedera
$0.1711
4.33% - Bitcoin Cash
$344.5133
3.21% - Polkadot
$3.9101
1.15% - Hyperliquid
$18.1893
5.38% - Litecoin
$80.0892
5.05% - Bitget Token
$4.4777
1.97% - Dai
$1.0000
0.00% - Ethena USDe
$0.9994
0.01% - Pi
$0.6362
1.91% - Monero
$214.2887
-0.67% - Uniswap
$5.4298
4.03% - Pepe
$0.0...07950
6.54% - Aptos
$5.1342
2.79%
On which platform trading app can Dai be bought and sold?
Centralized exchanges like Coinbase, Binance, Kraken, and Gemini offer convenient platforms for trading Dai (DAI) against fiat currencies and other cryptocurrencies.
Oct 05, 2024 at 01:18 pm
Platforms for Trading Dai (DAI)
Dai, a stablecoin pegged to the US dollar, has gained popularity as a stable asset for trading and payments. Here are the platforms where Dai can be bought and sold:
Centralized Exchanges (CEXs)
- Coinbase: One of the largest and most well-known CEXs, Coinbase supports Dai trading with various fiat currencies and other cryptocurrencies.
- Binance: A leading global CEX, Binance offers a wide range of trading pairs for Dai, including USDT, BTC, and BUSD.
- Kraken: A reputable CEX with strong security measures, Kraken allows users to trade Dai against fiat currencies and other cryptocurrencies.
- Gemini: Gemini is a US-based CEX known for its high security standards and offers Dai trading against USD and other cryptocurrencies.
Decentralized Exchanges (DEXs)
- Uniswap: A leading DEX based on the Ethereum blockchain, Uniswap enables peer-to-peer trading of Dai against other ERC-20 tokens.
- Pancakeswap: The largest DEX on the Binance Smart Chain (BSC), Pancakeswap offers trading pairs for Dai with various BSC-based tokens.
- SushiSwap: A popular DEX with a wide range of trading pairs, SushiSwap supports trading of Dai against other tokens on the Ethereum blockchain.
Dai Stablecoin Overview
Dai is a decentralized stablecoin that maintains a stable peg to the US dollar. It is backed by a pool of overcollateralized cryptocurrency assets, making it resistant to price fluctuations. Dai can be used for payments, hedging against price volatility, and as a store of value.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Atok Partners with Bitgert to Advance Infrastructure and Advertising Economy in Web3 World
- 2025-04-21 23:00:13
- Pi Network (PI) Coin Could Be the Next Cryptocurrency to Launch an Exchange Traded Fund (ETF)
- 2025-04-21 23:00:13
- Strategy, the world's largest corporate Bitcoin holder, has purchased 6,556 BTC for $555.8 million
- 2025-04-21 22:55:13
- Bitcoin (BTC) Price Prediction: Arthur Hayes Hints at a Final Opportunity to Buy BTC Under $100K
- 2025-04-21 22:55:13
- Binance Adds ZORA to Spotlight Projects on Binance Alpha Alongside Other Names
- 2025-04-21 22:50:12
- Bitcoin (BTC) Price Prediction: BTC Surges Nearly 5%
- 2025-04-21 22:50:12
Related knowledge
Is USDC suitable for daily consumption and payment
Mar 14,2025 at 11:31pm
Key Points:USDC's suitability for daily consumption hinges on its acceptance by merchants and its transaction fees.Volatility is a major consideration; while USDC aims for a 1:1 USD peg, fluctuations can occur.Transaction speeds and fees compared to traditional payment methods are crucial factors.Security and regulatory compliance of USDC and associated...
What are the future development trends and prospects of USDC
Mar 14,2025 at 08:06pm
Key Points:Regulatory Clarity: Increased regulatory scrutiny and potential for clearer guidelines will significantly impact USDC's future.Competition: The rise of other stablecoins and the development of decentralized alternatives pose a competitive threat.Adoption and Integration: Wider adoption by businesses and integration into DeFi protocols will be...
What is the competitive position of USDC in the stablecoin market
Mar 10,2025 at 12:42pm
Key Points:USDC's market dominance stems from its strong regulatory compliance and backing by Coinbase and Circle.Competition comes from other large-cap stablecoins like Tether (USDT) and Binance USD (BUSD), each with its own strengths and weaknesses.Algorithmic stablecoins pose a different type of threat, though their inherent volatility remains a majo...
Does USDC support smart contract functions
Mar 12,2025 at 09:55am
Key Points:USDC, unlike some other stablecoins, does not directly support smart contract functionality on all networks.Its functionality varies depending on the blockchain it's deployed on.Ethereum-based USDC does have smart contract capabilities, while others may not.Understanding the specific blockchain is crucial to determine USDC's smart contract co...
Is USDC suitable for long-term holding
Mar 16,2025 at 05:20pm
Key Points:USDC's stability is tied to the US dollar, making it less volatile than other cryptocurrencies. However, this stability is dependent on the issuer's solvency and regulatory environment.Long-term holding of USDC involves considerations beyond simple price appreciation, such as potential regulatory changes and the risks associated with centrali...
Does USDC support multi-chain issuance and what blockchains are supported
Mar 10,2025 at 01:40pm
Key Points:USDC, unlike some other stablecoins, does support multi-chain issuance.This means USDC tokens can exist and be used on multiple different blockchain networks.The specific blockchains supported by USDC are constantly evolving, so checking the official Circle website is crucial for the most up-to-date information.Understanding the implications ...
Is USDC suitable for daily consumption and payment
Mar 14,2025 at 11:31pm
Key Points:USDC's suitability for daily consumption hinges on its acceptance by merchants and its transaction fees.Volatility is a major consideration; while USDC aims for a 1:1 USD peg, fluctuations can occur.Transaction speeds and fees compared to traditional payment methods are crucial factors.Security and regulatory compliance of USDC and associated...
What are the future development trends and prospects of USDC
Mar 14,2025 at 08:06pm
Key Points:Regulatory Clarity: Increased regulatory scrutiny and potential for clearer guidelines will significantly impact USDC's future.Competition: The rise of other stablecoins and the development of decentralized alternatives pose a competitive threat.Adoption and Integration: Wider adoption by businesses and integration into DeFi protocols will be...
What is the competitive position of USDC in the stablecoin market
Mar 10,2025 at 12:42pm
Key Points:USDC's market dominance stems from its strong regulatory compliance and backing by Coinbase and Circle.Competition comes from other large-cap stablecoins like Tether (USDT) and Binance USD (BUSD), each with its own strengths and weaknesses.Algorithmic stablecoins pose a different type of threat, though their inherent volatility remains a majo...
Does USDC support smart contract functions
Mar 12,2025 at 09:55am
Key Points:USDC, unlike some other stablecoins, does not directly support smart contract functionality on all networks.Its functionality varies depending on the blockchain it's deployed on.Ethereum-based USDC does have smart contract capabilities, while others may not.Understanding the specific blockchain is crucial to determine USDC's smart contract co...
Is USDC suitable for long-term holding
Mar 16,2025 at 05:20pm
Key Points:USDC's stability is tied to the US dollar, making it less volatile than other cryptocurrencies. However, this stability is dependent on the issuer's solvency and regulatory environment.Long-term holding of USDC involves considerations beyond simple price appreciation, such as potential regulatory changes and the risks associated with centrali...
Does USDC support multi-chain issuance and what blockchains are supported
Mar 10,2025 at 01:40pm
Key Points:USDC, unlike some other stablecoins, does support multi-chain issuance.This means USDC tokens can exist and be used on multiple different blockchain networks.The specific blockchains supported by USDC are constantly evolving, so checking the official Circle website is crucial for the most up-to-date information.Understanding the implications ...
See all articles
