Dai (DAI) Crypto Exchange
Instantly exchange Dai at the best DAI exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.
Dai Price Chart
Start Dai Exchange
Why exchange Dai (DAI) on ChangeNow
The average time for exchange is about 5 minutes. You can track the crypto swap progress on the exchange page.
- 98%Triumph Rate🔥Swaps completed with the better exchange rate or deviated from estimate for less than 0.5%
- 5M
Satisfied Clients - 3 minAverage Exchange Time
- 980Currencies available for exchange
Top cryptocurrencies to exchange with Dai
What is DAI?
DAI, introduced by MakerDAO in 2017, is a decentralized stablecoin on the [Ethereum](https://changenow.io/currencies/ethereum) blockchain. It was created by the Maker Foundation that was introduced in 2014. It tackles the issue of volatility in cryptocurrencies by pegging its value to the US dollar at a 1:1 ratio. Operated through smart contracts, the coin ensures transparency and security.
Playing a vital role in the MakerDAO ecosystem, the coin grants users access to blockchain benefits while minimizing exposure to price fluctuations. It serves various purposes such as payments, remittances, and a store of value. Traders also use it to hedge against market volatility.
To acquire DAI, users can interact with the MakerDAO platform or trade Ethereum for it at a fixed exchange rate. The coin is also available on cryptocurrency exchanges.
Overall, the project offers a stable alternative to traditional cryptocurrencies, providing the advantages of blockchain technology without inherent volatility. It has gained popularity for everyday transactions among individuals and businesses.
Latest Dai News
