New Bittrex Listing: DAI
Bittrex is excited to announce the listing of Dai ($DAI) for Bittrex U.S. customers! Wallets are now enabled for deposits and withdrawals. Customers are now able to trade on the DAI-BTC, DAI-ETH, and DAI-USDT markets.
Start trading on bittrex.com today.
About DAI:
The Dai Stablecoin is a completely decentralized asset-backed cryptocurrency, designed to maintain a stable value relative to the US Dollar. Dai holders can utilize a special mechanic known as the Dai Savings Rate to earn a steady, low-risk return on their holdings, which in turn balances supply and demand. Dai is secure, transparent, and resilient — every Dai is backed by another asset. Maker is a smart contract platform on Ethereum that backs and stabilizes the value of Dai through a dynamic system of Collateralized Debt Positions, autonomous feedback mechanisms, and appropriately incentivized external factors. Maker is comprised of a decentralized stablecoin, collateral loans, and community governance.
For more information, visit https://makerdao.com/en/, follow us on Twitter at @MakerDAO, or Telegram at t.me/makerdaoofficial. The MakerDAO whitepage can be found at https://makerdao.com/en/whitepaper.
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Risk Warning:
Trading cryptocurrency, cryptographic tokens and other digital rights or assets (“Tokens”), and use of other Services provided by Bittrex, involves significant risks and potential for financial losses. The risks associated with Tokens and trading Tokens apply notwithstanding Bittrex’s decision to support a particular Token. Bittrex does not provide trading advice, does not have any fiduciary duty to you or any other user and does not make any warranty about the suitability of any Token for trading or ownership by you.
