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.
Top cryptocurrencies to exchange with Dai
Dai Price live, Cryptocurrency Dai Price (USD), Market Cap and Supply
Dai Price for today is $1. Its current circulating supply is dai 5,808,536,536 with a market cap of $5,806,648,952.87.
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What is DAI
Maker is an open-source protocol based on the Ethereum blockchain. It was created by the Maker Foundation that was introduced in 2014. The protocol aims to create a system where users can take out loans with cryptocurrency as collateral. Initially, the software was controlled by the foundation but is now governed by MakerDAO.
Maker is designed to work on decentralized applications: their development, storage, and distribution to users. At the same time, the team launched two types of coins - Maker and DAI. The first cryptocurrency is more of a standard one and is used to develop the project’s exchange. The second coin is more interesting, as it is the first collateral-backed cryptocurrency. DAI was launched in 2017 and is a stablecoin that solves the problem of the high volatility of crypto assets. Maker developers tied it to the US dollar (USD) with a ratio of 1:1. It is impossible to mine DAI coins as the total supply is already set, but they can be obtained on the platform itself.
On June 20th, 2022, MarkerDAO made a decision to halt DAI deposits as more users began to sell their stETH and Ethereum’s value began to fall. The DAI deposits were stopped for now to prevent users from taking out loans against stETH.
DAI Coin - USD Exchange
DAI Coin is a promising cryptocurrency, and it uses a blockchain that will revolutionize online payments. Owning or trading DAI is in demand, and ChangeNOW promises fast and secure DAI to USD transactions. It will take place with the best possible rates, and there is no need to worry about hidden costs.
DAI Coin Exchange Advantages on ChangeNOW
- ChangeNOW cares about your privacy and security. We are a non-custodial service, and we never control, store, or hold your funds in any way.
- The average transaction doesn't take more than two minutes, and we aim to reduce the times further in the future.
- ChangeNOW is a versatile service that adapts to the crypto market. We add new and upcoming cryptocurrencies regularly and follow new trends.
- There is no need to register or provide any personal info for exchanging crypto. ChangeNOW simply needs your wallet data for sending the funds, and that's it!
- Our service works no matter how large is the amount involved.