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Because at Bitnovo we offer you the best price for Verge so you can buy online, by credit card, in cash or via bank transfer. So, if you're wondering where to buy DAI, you've come to the right place.
DAI is a stable coin based on Ethereum (a price stable cryptocurrency), its issuance and development are managed by Maker Protocol and the decentralized autonomous organization MakerDAO.
The price of DAI is pegged to the US dollar, and each time a new DAI is minted, it is secured by a combination of other cryptocurrencies stored in the smart contract vault.
It is important to distinguish between multiple collateralized DAI and single collateralized DAI (SAI). The latter is an older version of the token and can only be collateralized by a single cryptocurrency.
SAI does not yet support the DAI savings rate, which allows users to get savings by holding DAI tokens.
DAI news is promising and this may be a great time to buy DAI. If you are still not clear on how to buy DAI, don't worry. From Bitnovo we will advise you throughout the purchase process and in a matter of minutes you will have your DAI in your wallet.