Exchange Dai (DAI) at the Best Rates

What Is DAI Crypto Coin?

Dai (DAI) is an ERC20 token pegged to the US dollar. The Dai coin price is $1, and it'll always be worth that much, no matter how long it exists.

MakerDAO was launched in 2014, and the stablecoin was released on December 18, 2017. The project's CEO was one of the founders of MakerDAO, Rune Christensen. 

In September 2018, Andreessen Horowitz invested $15 million in the MakerDAO project, buying 6% of all MKRs in circulation.

Dai Crytpo Price Today

DAI coin price is $ 0.9999.

Is DAI Crypto a Good Investment?

To understand is DAI a good investment, find out its key features, which include:

1. Training this token is as easy as other ERC20 coins.
2. The token can be exchanged without intermediaries.
3. Particular users or entities don't control it.
4. Third parties cannot shut down Dai.

Merchants access all the features provided by blockchain technology with low volatility. For example, marketplace owners don't have to worry about the BTC or ETH price fluctuations when they get payments and convert them to paper currency.

With Dai, sellers can process payments directly as if they were selling their goods in cash. Third parties don't have to process payments or temporarily keep assets, as blockchain handles everything.

However, consider the cons of this token:

1. The complexity of the interface and how it operates. Users have to test the exchange, figure out how to create collateral positions and issue DAIs, and how to get them back, which discourages ordinary investors.
2. This project is based on the Ethereum blockchain, which means there are risks of DAI dependence on the state of the ETH network and its safety.
3. Large competition in the stablecoin market. Tether, USD Coin, and other similar projects are more accessible to the average investor.

Where and How to Buy DAI Coin?

The safest exchange for DAI investors is the StealthEX crypto exchange. With over 400 tokens, this platform allows you to complete transactions in minutes, as only basic information is required to complete them. 

Just go to StealthEX exchange and follow these easy steps:

1. Choose the pair and the amount for your exchange. For example, BTC to DAI coin.
2. Press the “Start exchange” button.
3. Provide the recipient address to which the coins will be transferred.
4. Move your cryptocurrency for the exchange.
5. Receive your coins!

You are more than welcome to visit the StealthEX exchange and see how fast and convenient it is. 

Follow us on Medium, Twitter, Telegram, YouTube, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via support@stealthex.io

The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.