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Sell DAI stablecoin tokens: Receive money on a credit card

What is this?

Stablecoin DAI or as it is sometimes referred to as MCD coin (Multi Collateral DAI) is one of the first stablecoins built on a decentralized system. It is built on a decentralized system that is called Ethereum. As you know, each blockchain has its own coin and the users of the blockchain could either purchase the token or mine it.

Ethereum offers ETH token. And with ETH coins you could buy stablecoin DAI tokens. But what if you need to sell stablecoin DAI tokens? Whenever a person needs to sell his cryptocurrency coins, this person is using his electronic wallet. You could use the Ethereum platform to exchange stablecoin DAI tokens for another type of cryptocurrency.

But if you need to gain fiat money and exchange stablecoin DAI tokens for USD or EUR, then you might use exchange platforms. Exchange platforms like BTCBIT.NET offer a quick and safe way to exchange your cryptocurrency coin. You could exchange for other type of cryptocurrency, or you can gain fiat money.

It is a quick and easy method since you don’t need to create different accounts on different blockchain systems. If you want to purchase or sell several types of cryptocurrency, you can use exchange platforms like BTCBIT.NET.

Exchange platform BTCBIT.NET offers to sell your DAI stable coins and receive fiat money on your credit card. Below you can find an instruction of how to exchange DAI into EUR or USD. It is easy and won’t take too much of your time.

How to sell Multi Collateral: Withdraw money on Visa or MasterCard?

Multi Collateral DAI stable tokens can be sold on BTCBIT.NET exchange platform online. You need an account on the BTCBIT.NET exchange platform, so pass the registration process if you still don’t have the account.

One important thing is the verification process on the BTCBIT.NET. exchange platform. You can’t buy or sell anything until you prove that you are a real person. This is a safety measure which enables safe transfers between users of the BTCBIT.NET exchange platform. So after registration you need to pass the identification process.

To open an account on BTCBIT.NET exchange platform, complete these steps:

1. Click on the registration button in the upper right corner on the main page of the BTCBIT.NET exchange platform.
2. Fill in the blank spaces with the required information.
3. Agree to terms and conditions and confirm that you want to continue the registration process.
4. Now you have to pass the verification process. Just send the scans of the required documents verifying that you are a real person.

Now the registration process is completed. You can go to the exchange page and find the DAI exchange option. You could also sell and buy other types of cryptocurrency on BTCBIT.NET exchange platform, for instance, BTC, LINK, USDC, etc. Now let’s find out more about the selling process of DAI stablecoin tokens:

1. Sign in to your account on BTCBIT.NET exchange platform.
2. Go to the exchange page and choose to sell DAI stablecoins.
3. You will see the price you will receive for selling your DAI tokens.
4. Insert the credit card number and other details to receive dollars or euros onto your bank account.
5. And send your DAI stablecoin to BTCBIT.NET wallet address. After sending will be completed, USD or EUR will be sent to your bank card.

There is a limit on each operation, as well as a daily and monthly limit. Make sure you read the rules on the BTCBIT.NET exchange platform.

How to sell

  • Registration

    Create your own account on the site.

  • Verification

    Pass your profile verification. This steep is obligatory.

  • Wallet

    You should have a valid and trusted wallet.

  • That’s all

    Start to buy, sell or exchange your crypto.

Registration
You only need to enter your email and password, no additional data. Instant registration.

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