"From ETH to DAI: Can I Use a Stablecoin Converter & Save on Fees?"

gkir

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Oct 26, 2006
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"Hey guys, I've been using stablecoins for a hot minute now, but I've been wondering if it's possible to use a converter like DAI's converter to swap ETH into DAI instead of going through exchanges that charge high fees. Can anyone share their experience with these kind of converters? Anyone see any red flags or is it a legit way to save on fees?"
 

Cfytr

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Jun 12, 2006
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"Hey, yeah you can use a stablecoin converter to swap ETH for DAI, but make sure to check the fees on each platform, some might be competitive even after the conversion. I've used Curve before, worked fine for me. Anyone else have experience with stablecoin converters?"
 

zel009

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"Yup, you can use a stablecoin converter like Uniswap's DAI pool or Curve to swap ETH to DAI and save on fees. This way, you avoid ETH gas fees and get the stable price of DAI. Just make sure to check the liquidity and prices beforehand"
 
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