There are a ton of cryptocurrencies out there, and it’s important to know their strengths and behaviors before you trade. Dai (DAI) is a stablecoin running on the Ethereum platform. Stablecoins are built to avoid the fluctuations of other cryptocurrencies, and Dai aims to stay close to $1 USD. But it’s important to know that Dai isn’t backed by US dollars but rather backed by collateral on the Maker platform. This means if something were to happen to the Dai currency, anyone holding the coin would need to convert to Ether (ETH), the Ethereum currency.
So, if you are looking to convert Dai to another currency, look no further. Our DAI to USD converter will let you do so easily and securely. Check the latest rates with our currency calculator to get an estimate, or convert DAI to USD (or any other currency) using our currency exchange comparison tool.
Some exchanges may seem to have hidden fees not reflected in their rates, which means you will get less money than you expect when you complete the exchange. Instead of leaving you hanging, we take transaction fees into account in our listings so you know the actual amount you’ll receive. Coincub lists DAI to USD exchanges that take into consideration security, usability, and customer service, including all of these factors in our reviews of different exchanges. We also consider how easy it is to open an account, withdraw your money, etc., so you can choose an exchange based on all the important info. Use our DAI to USD converter online to estimate the rates you’ll get before you make the swap.
Before you start transferring your money, you can use our currency calculator to estimate the rates you’ll receive. Chart different currencies over time to learn the market and get the best rates possible. Once you’re ready to go, simply choose an exchange pair (here, we’re swapping DAI to USD), and enter your country, amount to transfer, and where to send the money. Your DAI to USD exchange will only take seconds, and then you’ll have your funds.
Data is live from API, so you will always be getting the most current information on the market. We’ll also take note of any rewards or bonuses you can get with different exchanges so you’ll know the right time to make your DAI to USD exchange. We’ll make sure your conversion is safe and above board, so you don’t have to worry about a thing.