{"id":2901,"date":"2018-06-18T07:40:26","date_gmt":"2018-06-18T07:40:26","guid":{"rendered":"https:\/\/holytransaction.com\/blog\/?p=2901"},"modified":"2023-01-10T03:24:08","modified_gmt":"2023-01-10T01:24:08","slug":"dai-stablecoin-wallet","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2018\/06\/dai-stablecoin-wallet.html","title":{"rendered":"Welcome to the Universal Wallet, DAI Stablecoin."},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3029\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2018\/06\/dai.png\" alt=\"\" width=\"1024\" height=\"512\" \/><\/p>\n<p class=\"p1\"><span class=\"s1\">If you thought about holding or exchanging DAI Stablecoin, now you can do so directly with your HolyTransaction Universal Wallet. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">It&#8217;s now possible to add DAI wallet to your dashboard and use it to access and exchange 24 different crypto, instantly. This is just one of the many recent adoptions, which brought the number of cryptocurrencies accepted on our platform to 24.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Now you are free to store DAI on <a href=\"https:\/\/holytransaction.com\/blog\/2017\/06\/easy-bitcoin-exchange.html\">HolyTransaction<\/a>, transfer them to any other wallet, and make crypto-to-crypto transfers from and to DAI. All HolyTransaction customers can create a new address for their own DAI Wallet.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>DAI Wallet features<br \/>\n<\/b>Just like Bitcoin and all the other 23 digital currencies supported, you can now:<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u2022 Send DAI\u00a0to any address, even to addresses of other crypto, with instant conversion on the fly;<br \/>\n\u2022 Receive\u00a0transactions;<br \/>\n\u2022 Exchange\u00a0DAI with any supported coins;<br \/>\n\u2022 Make instant transactions\u00a0between HT users;<br \/>\n\u2022 Get real time exchange rates\u00a0on the website;<br \/>\n\u2022 Set OTP\u00a0for additional protection.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">If you are not able to see your newest DAI Wallet, you just need to click on the \u201cplus\u201d button on the top right of the balance page, once you successfully login into your own wallet.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>About DAI:<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">DAI is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. DAI is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">With DAI, anyone, anywhere has the freedom to choose a money they can place their confidence in. A money that maintains its purchasing power. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>MKR holders govern Dai<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimise the price volatility of its own stable token \u2014 the DAI \u2014 against the U.S. Dollar.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Maker smart contract platform controls and sells Dai. Indeed, decentralised and trustless, the Maker platform stabilises the value of Dai to one U.S. dollar using external market mechanisms and economic incentives.\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Eliminating the necessity to trust a centralised organisation and the hassle of third-party audits, Maker offers a transparent stablecoin system that is fully inspectable on the Ethereum blockchain.\u00a0\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Maker\u2019s Dual Coin System<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The Maker Platform has two coins: <a href=\"https:\/\/holytransaction.com\/blog\/2019\/07\/wallet-maker-mkr-token-available-on-holytransaction.html\">Maker<\/a> (MKR) and Dai (DAI).<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><strong>Maker<\/strong> \u2013 A token with a volatile price that is used to govern the Maker Platform.\u00a0<a href=\"https:\/\/makerdao.com\/\">Maker DAO<\/a>\u00a0is a\u00a0<a href=\"https:\/\/blockonomi.com\/what-is-a-dao\/\">decentralized autonomous organization<\/a>\u00a0within the Ethereum blockchain. Maker works to minimise the volatility of DAI, its stable token, compared to the U.S. dollar, with holders of MKR tokens governing DAI.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><strong>DAI<\/strong> \u2013 A price stable coin that is suitable for payments, savings, or collateral.\u00a0With DAI, the team at MKR hopes to overcome the extremely volatile prices of cryptocurrency. The team at <a href=\"https:\/\/holytransaction.com\/blog\/2019\/07\/wallet-maker-mkr-token-available-on-holytransaction.html\">Maker DAO<\/a> feels that stablecoins are necessary to let blockchain technology reach its full potential. Because of this, it introduced DAI, which is backed by ETH collateral.<\/span><\/p>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>If you thought about holding or exchanging DAI Stablecoin, now you can do so directly with your HolyTransaction Universal Wallet. It&#8217;s now possible to add DAI wallet to your dashboard and use it to access and exchange 24 different crypto, instantly. This is just one of the many recent adoptions, which brought the number of [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":3029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,102,103,190,191,334],"tags":[1456,943,944,1455,1454,1327],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dai, Holytransaction now support DAI token | Read about it<\/title>\n<meta name=\"description\" content=\"DAI is a price-stabilized cryptocurrency against the US Dollar, created by the decentralized Dai Stablecoin System on the Ethereum blockchain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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