Dai (DAI) was created by MakerDAO, an Ethereum-backed network that is part of a larger project called the Maker Protocol. The token is one-of-two tokens utilized by the Maker Protocol, and aims to be considered the world's first decentralized coin. The coin's value is pegged to the U.S. dollar, and is backed by Ethereum smart-contracts that are viewable on the blockchain. DAI is popular for its transparency and accountability.
Cryptocurrency is an exciting, new space to get involved in. Find out how to get in on the action.
Because stablecoins are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
Provide some basic details about yourself to get verified. This process usually takes less than 5 minutes!
Connect your bank account or utilize Interac e-Transfers to add or withdraw funds seamlessly.
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