Dai (DAI)

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

Manage 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.

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 manage your Dai. It has various features that make it the best crypto wallet for cryptocurrency transactions.

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