Trade IOTA for DAI
A brief step-by-step guide on how to trade IOTA for DAI anywhere in the world without KYC
- You already have some IOTA
Open the exchange website
In this guide we'll be using Intercambio.app.
Simply click on "Intercambio.app" to open it.
Perform the exchange
Select the currency you'll be exchanging from on the left, so in this case IOTA, and the one you'll be exchanging for on the right, in this case DAI.
Input the amount of IOTA you want to sell for DAI, paste the receiving address for your DAI after the trade is done and click "TRADE".
Finally send the amount of IOTA to the address that shows up on the screen by either copy-pasting the address shown on the page into your wallet or scanning the QR code on the right.
Sit back and wait
Make sure to note down the Trade ID shown on the page in case of issues with the trade.
Transactions can take a while to complete (often as long as an hour) so be patient.
If you encounter any issues contact Intercambio.app customer support with your Trade ID.