Convert DAI to USD

The idea of DAI is to create a stable asset safe from volatility. And it succeeded since there have been only a few minor price changes. 

The main characteristic of cryptocurrency is its risk ratios. If they reach a top limit, the position is closed automatically. This feature allows users to avoid extra loss and use DAI for savings.

Other coin’s  advantages are:

• quick processing: 20-40 transactions per second;
• low volatility. DAI is suitable for payments for goods and services and business purposes;
• opportunity to buy digital currency at the exchangers.

DAI is impossible to mine regularly. It uses smart contracts on the Ethereum platform. To gain the token, you need to:

• mine ETH;
• move to MakerDAO;
• lock the desired amount in Ethereum;
• get DAI. 

To obtain the coins, you can use currency exchangers. With PassimPay, you can convert DAI in both directions paired with over 45 cryptocurrencies and altcoins. It is safe, fast, and the most simple way to get DAI. 

The cryptocurrency has a stable value. There are about a billion coins in circulation, and the number is predicted to increase along with the number of those who will appreciate the convenience and benefits of the currency. However, you should not expect to profit from buying the DAI because the rate changes insignificantly. It is better for savings.