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Exchange DAI (ERC20) to Ethereum

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, Ethereum 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
­We do not support sending and receiving Ethereum using smart contracts

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.

Ethereum — the most innovative blockchain

Ethereum is a new blockchain that, in addition to sending cryptocurrencies, allows you to run and run smart contracts. With their help, you can create a variety of decentralized applications, including their own currencies (tokens). In addition to contracts, a big advantage among other blockchains is considered to be a fairly high speed of transactions.

My order is completed, but I do not see the funds in my wallet, what should I do?

We send Ethereum with an average fee so that the receiving party does not have to wait long for receipt. But sometimes, with the increased load on the Ethereum network, a transaction can get stuck in a mempool for a long time and not get into the block. The status of such transaction is "Pending". Explorer etherscan.io provides information about the expected processing time of the transaction, but be aware that this value is not accurate and may vary depending on the situation.

If the transaction sent by us can not be confirmed for a long time, please contact our support with a request to push the transaction.