Dai (DAI)

Send and receive Dai (DAI) quickly with the Funex Pro wallet

Store your  Dai (DAI) with the most secure and the best crypto wallet i.e., Funex Pro wallet

The Dai (DAI) cryptocurrency is a decentralized stablecoin that aims to keep its value at $1.00 US Dollars. The Dai cryptocurrency, in contrast to centralized stablecoins, is not backed by dollars held in a bank account. On the other hand, it is secured with collateral on the Maker platform. Owners of Dai may be required to transfer their Dai to Ethereum on the Maker platform in the event that the Dai credit system is either improved or shut down.

The high level of volatility in cryptocurrency markets is a significant barrier to the widespread use of these assets in commercial transactions. Nobody wants to be paid in a currency that has the potential to lose a considerable amount of value, and nobody wants to pay with a currency that has the potential to double in value in a very short period of time. As a solution to this issue, many stable cryptocurrencies such as Dai have emerged.

Funex is loaded with a wide variety of features, some of which include gaming, betting, trading, holding, and long-term investing, among many others. Let us understand each of them in detail.

Gaming- The blockchain-based games provided by Funex Club are widely considered to be the most enjoyable currently available. The Funex Games are carefully designed by a group of experienced professionals in the gaming industry using modern and advanced equipment. 

Betting- Funex is going to launch a new world which is Metaverse in which you’ll get various games. Games will include various functions such as betting, purchasing, and many more. 

Trading- Trading in Cryptocurrency is an amazing way of investing for the future. It is going to be the trend that will definitely bring so many rewards and make it easy for everyone to use the currency without the involvement of others. With Funex, you can Buy and sell different types of cryptocurrency. 

Holding- In Cryptocurrency you get a feature of holding coins which generally means you can lock any amount of crypto through your account for any amount of time, the minimum time is 30 days. So, after completing days you’ll get the interest in your crypto. 

Long-term investment- According to many experts Crypto is going to be used as a common currency, that’s why, it will be very beneficial if someone invests in crypto at this point of time. Cryptocurrency can already be a good long-term investment option, despite the fact that it belongs to a category of assets that is relatively new.

This graph indicates the current Dai Token Price Chart.

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FAQ

What is Dai Token?
DAI is an Ethereum-based stablecoin (crypto with a fixed price) whose issuance and development are overseen by the Maker Protocol and the MakerDAO decentralized autonomous organization.

Is Dai (DAI) good for investment?
If you are interested in investing in a major cryptocurrency other than Bitcoin, or Ethereum you will find that Dai (DAI) is a good option to consider.

Which is the best wallet for Dai token?
Funex wallet is one of the best wallets to store your Dai. It has various features that make it the best crypto wallet for cryptocurrency transactions.

Which is the safest wallet for Dai?
Store your Dai crypto coin on Funex pro wallet. It has various security features that make it the best crypto wallet for cryptocurrency transactions.