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DAI
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Halving
DAI
1. What is DAI?
DAI is a stablecoin based on Ethereum and its price is soft-pegged to the U.S. dollar. It is governed by the MakerDAO and Maker Protocol.
With its mission to make a lasting difference in the world by helping people improve their lives, Dai, as a company, has played an important role in many development projects in many countries, including Afghanistan, Colombia, Ecuador, Burma and Cambodia etc,.
2. What are the advantages of DAI?
Dai has two main advantages. As a stablecoin soft-pegged to dollars, it is unlikely to experience dramatic price fluctuations. In addition, Dai is managed by an autonomous organization through software protocol, which makes its system decentralized, democratic and transparent.
3. How to buy and sell DAI on NovaDAX
After you register in NovaDAX, you can start to buy and sell DAI quickly and easily!
Decide the fiat or crypto currency amount your want to deposit, such as Ethereum (ETH), Ripple (XRP) and Stellar (XLM), then go to the Deposit and Withdraw page in the main menu.
Follow the step by step to create a deposit order. For information about approval deadlines, CLICK HERE.
Click on the PRODUCTS option at top menu bar to trade DAI with EUR or Crypto-Crypto exchange.