Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Drewthompson on September 26, 2019, 04:14:48 PM



Title: Dai (DAI) Listing on Atomars Exchange
Post by: Drewthompson on September 26, 2019, 04:14:48 PM
DAI is a decentralized cryptocurrency with a stable value relative to the US dollar and is being controlled by MakerDao has been listed on Atomars Exchange.


Trading Pairs:
 - BTC/DAI
 - ETH/DAI
 - USDT/DAI

Deposit and Trading will be open at:
 27th Of September 16:00 (UTC+7)


https://medium.com/@AtomarsExchange/dai-dai-listing-on-atomars-exchange-5d265f0ead8b


Title: Re: Dai (DAI) Listing on Atomars Exchange
Post by: fudster on September 26, 2019, 04:41:53 PM

Its already trading on many exchanges, I only notice this yesterday when I look into the prices. Everyone is moving their money to stablecoins so this Dai surfaces. Didn't bother to check it though but why is your popular Atomars exchange pairing the two USDT/DAI, weren't they all stablecoin pegged in USD? 


Title: Re: Dai (DAI) Listing on Atomars Exchange
Post by: SiverSurfer on September 27, 2019, 03:20:52 PM

Its already trading on many exchanges, I only notice this yesterday when I look into the prices. Everyone is moving their money to stablecoins so this Dai surfaces. Didn't bother to check it though but why is your popular Atomars exchange pairing the two USDT/DAI, weren't they all stablecoin pegged in USD? 

They are pegged to ETH valued in USD, and it's collaterized, which means that for every 1 DAI (1 USD) created you usually collaterized > 1.5 USD worth of ETH.