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Exchange DAI (ERC20) to BitTorrent

Exchange in 3 steps

  1. Enter the desired amount of DAI (ERC20) and write your wallet address to receive currency.
  2. Click the "Exchange now" button and you will be taken inside your order.
  3. Send DAI (ERC20) to the address from your order, after the required network confirmation, BitTorrent will be sent instantly.

What do you need to know?

­Only 4 confirmations of the DAI are needed to complete the exchange
­Do not send DAI through a third party contract! Such transactions are not automatically processed. We accept transactions from the original DAI contract

A brief history of DAI

Stablecoin DAI is an ERC20 token issued at the end of 2017 by the MakerDAO platform. It is the first decentralized token on the Ethereum blockchain. Almost always, the market rate of 1 DAI is equal to 1 US dollar. Mining and staking are not available for this project, new tokens are issued by the users of the MakerDAO platform.

DAI smart contract

Do not submit DAI through a third party contract. Our exchanger does not accept transactions that are sent by third party smart contracts, except for the original DAI contract.

Network fee

To work with tokens, the wallet must have ETH. It is very difficult to calculate the exact amount of ETH to send a transaction. During periods of high load, it can change significantly. Each token can have a different transaction value. Therefore, it is better that the amount of ETH on the wallet is slightly higher than the average fee on the network at the moment. The average commission can be estimated using the Blockchair analytical service.

The system does not see the transaction, what should I do?

If you have sent funds, but there are no changes, check your transaction in an explorer (etherscan.io or blockchair.com) and make sure that the transaction was created.

If the transaction has already been added to the blockchain, and the system has not seen it, contact technical support, we will be able to help you promptly.

A brief history of BitTorrent

BitTorrent is a token based on the TRC10 protocol, which was created in 2019 by the founder of TRON cryptocurrency, Justin Sun. BTT's goal is to motivate users to maintain network bandwidth. Users who store files on their computers and speed up the network should be rewarded with BTT coins.

Transaction processing speed

The TRON network is capable of processing around 1500 transactions per second. The speed will directly depend on how many users are currently making transfers. On average, it will take up to 3 minutes to confirm your transfer. As the number of active nodes increases, this time may change.