What is Dai?
Dai is a stablecoin on the Ethereum blockchain. This erc20 token is a representation of owning $1 on a blockchain. The token itself is pegged to the price of 1 United States Dollar. This article goes into detail of how you can spend your dai using Forra. Dai can be used to buy almost any items by using the Forra marketplace.
How to use and your Dai
People often overlook how to use and spend you Dai. Dai is a cryptocurrency on the Ethereum blockchain, pegged to the USD. Dai is the equivalent to a blockchain USD and is one of the many stable coins. These stable coins make a perfect transactional medium for an ecommerce transaction.
Spending your Dai ERC tokens on Forra
Dai is a cryptocurrency with many use cases. Its nature as a stablecoin makes it a great currency. The consensus of the united states dollars value translates well into the volatile world of cryptocurrency. Our escrow service and marketplace are a perfect way for you to spend your dai.
What can you do with dai
Dai is a very useful cryptocurrency. There are plenty of things to do with Dai, but we want to focus on just one. Spending your Dai on items using the Forra marketplace. There are plenty of people that get dai in one way or another, but just let it sit in their wallets. Forra allows you to spend Dai on any item. When you use your dai as a currency it strengthens the cryptocurrency economy by circulating the coin.
What can you buy using Dai
You can buy items using Dai on Forra. Forra allows you to buy almost anything using Dai. You can spend your dai on anything on ebay, or any of our sellers as well. Most items sold on Forra are listed by 3rd party sellers. These sellers use our escrow system to provide a safe purchasing environment for customers. You can buy something as simple as a pencil using your Dai, or as complex as a car.
