Exchange Dogecoin to DAI (ERC20) | FixedFloat

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Lightning cryptocurrency exchange

Dogecoin is a decentralized Internet currency for settlements between network users. The token is developed on the Scrypt algorithm, based on the fork of the LTC coin, called Luckycoin.

The processing speed of transactions in the Dogecoin blockchain

One of the advantages of Doge is the very fast transaction processing speed compared to other cryptocurrencies. This is due to relatively simple mining, which allows for faster block processing. The block is created once a minute, that is, 2.5 times faster than LTC.

To make an exchange, 4 confirmations are required.

Dogecoin network fee

Dogecoin has one of the lowest fee rates, while it practically does not change even when transferring large amounts. The average commission is no more than $0.01.

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

Our exchanger only sends transactions to the original DAI contract. Transactions are not sent to addresses of third-party contracts.

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

We send Ethereum tokens with an average commission so that the receiving party does not have to wait long for the receipt. But sometimes, with the increased load on the Ethereum network, the transaction can get stuck in the mempool and not get into the block. The status of such a transaction is \”Pending\”. The etherscan.io explorer gives information about the expected processing time of a transaction, but you need to understand that this value is not exact and may change depending on the situation.

If a transaction sent by us cannot be confirmed for a long time, contact technical support with a request to push the transaction through.

exchange in 3 easy steps

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

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