DAI Live Price Converter

The MakerDAO protocol can easily generate new Dai tokens thanks to its collateral-backed model. Users deposit collateral assets into Maker vaults and receive newly minted Dai tokens in return. This allows them to unlock liquidity while expanding Dai's circulating supply.

Dai also incentivizes holders to stake their tokens through the Dai Saving Rate (DSR) protocol. This native MakerDAO smart contract enables users to lock up Dai and earn yield at the current DSR rate. Unlike other staking models, DSR offers flexibility with no minimum staking requirements and the ability to withdraw Dai at any time. Between vault collateralization and DSR staking, MakerDAO has created a dynamic system to expand Dai's monetary base in a decentralized manner.

Bitsgap's COMBO bot is an ingenious automated trading solution designed specifically for trading futures. This remarkable bot is engineered to capitalize on both rising and falling markets, and thanks to its leverage capabilities, it can do so at lightning speed—1000% faster!

By harnessing the combined power of the GRID and DCA trading strategies, the COMBO bot masterfully replaces levels with built-in trailing, executing trades with precision on every market movement in both directions.

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BTD stands for “buying the dip,” one of the popular strategies many traders swear by. Essentially, this means purchasing a coin after its value has taken a temporary hit. While this might seem counterintuitive to some, it can actually be a smart move. By buying in at a lower price point, you'll be able to accumulate more of the coin and increase your potential gains when the price eventually rebounds.

Bitsgap has made things remarkably easier for those who wish to dip-buy by incorporating the popular strategy into its algorithmic automated trading bot, which is also known as BTD. This handy tool can help you take advantage of price drops by automatically purchasing the base currency for your chosen pair when the price is decreasing. Not only does this make the process more efficient, but it can also help you achieve a lower average cost of ownership for your coins.

Bitsgap offers a wealth of intelligent trading tools and advanced order types that you won't find on your typical crypto exchange. Delve into an array of smart orders, including standard Market/Limit orders, Stop Market/Limit orders, Scaled Orders, TWAP, and the versatile One Cancels Other (OCO). With Bitsgap's Advanced Trading Terminal at your fingertips, you'll have access to a suite of state-of-the-art features, including intricate charting tools, the Technicals Widget, trailblazing trading bots, profitable default strategies, and much more.

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