Exchange Cash EUR to DAI DAI

You give Cash EUR
Cash RUB
T-Bank QR RUB
Sberbank QR RUB
Cash USD
Cash EUR
Tether USDT
Tether BEP20 USDT
Tether ARBITRUM USDT
Tether TON USDT
Tether Avalanche C-Chain USDT
Tether OPTIMISM USDT
Tether SOL USDT
Tether ERC20 USDT
Tether POLYGON USDT
USDCoin USDC
USDCoin SOL USDC
USDCoin BEP20 USDC
USDCOLD TRC20 USDC
USDCoin POLYGON USDC
USDCoin Arbitrum One USDC
USDCoin OPTIMISM USDC
Binance USD BEP20 BUSD
Binance USD ERC20 BUSD
DAI DAI
DAI BEP20 DAI
TrueUSD TUSD
TrueUSD BEP20 TUSD
Pax Dollar USDP
Paxos BEP20 USDP
Sberbank RUB
T-Bank (Tinkoff) RUB
Company account RUB
Raiffeisen RUB
Openbank RUB
Alfa-Bank RUB
RNCB RUB
Gazprombank RUB
Promsvyazbank RUB
Russian Standart RUB
Post Bank RUB
VTB RUB
Mir Card RUB
Visa / MasterCard RUB
Business account RUB
UnionPay Card RUB
Sovcombank RUB
MTS Bank RUB
Avangard RUB
RSHB RUB
MKB RUB
Kukuruza RUB
Rosbank RUB
Home credit RUB
Faster Payments System RUB
Skrill USD
Skrill EUR
Payoneer USD
Payoneer EUR
Alipay CNY
WeChat CNY
Volet.com (ex. Advanced Cash) RUB
Volet.com (ex. Advanced Cash) USD
Volet.com (ex. Advanced Cash) EUR
Payeer RUB
Payeer USD
Payeer EUR
Neteller EUR
Neteller USD
YooMoney RUB
M10 AZN
Bitcoin BTC
Bitcoin ERC20 BTC
Bitcoin BEP20 BTC
Ethereum ETH
Official Trump TRUMP
Aptos APT
Optimism OP
Arbitrum ARB
Notcoin NOT
TON TON
Ethereum BEP20 (BSC) ETH
Ethereum Arbitrum One ETH
Ripple XRP
Ripple BEP20 (BSC) XRP
Algorand ALGO
Avalanche AVAX
Avalanche BEP20 AVAX
Terra LUNA
Decentraland MANA
Litecoin LTC
Litecoin BEP20 (BSC) LTC
Bitcoin Cash BCH
Bitcoin Cash BEP20 BCH
PancakeSwap CAKE
yearn.finance BEP20 YFI
Maker MKR
Maker BEP20 (BSC) MKR
Cardano ADA
Cardano BEP20 ADA
Uniswap UNI
Uniswap BEP20 UNI
Binance Coin BNB
Binance Coin BEP20 (BSC) BNB
Stellar XLM
Stellar BEP20 XLM
EOS EOS
EOS BEP20 EOS
ChainLink BEP20 LINK
Monero XMR
Tron TRX
Tron BEP20 TRX
Tezos XTZ
Tezos BEP20 XTZ
Neo NEO
Cosmos ATOM
Cosmos BEP20 ATOM
Dash DASH
IOTA IOTA
IOTA BEP20 IOTA
Waves WAVES
Zcash BEP20 ZEC
Ethereum Classic ETC
Ethereum Classic BEP20 ETC
Solana SOL
Dogecoin DOGE
Dogecoin BEP20 DOGE
The Graph GRT
Near NEAR
Near BEP20 NEAR
Terra ERC20 LUNA
0x ZRX
Qtum QTUM
Polkadot DOT
Polkadot BEP20 DOT
Polygon POL
Polygon BEP20 POL
Shiba Inu SHIB
Shiba Inu BEP20 SHIB
Cronos CRO
Everscale EVER
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You get DAI DAI
Tether ERC20 USDT
Tether USDT
USDCoin USDC
TrueUSD TUSD
Pax Dollar USDP
Binance USD ERC20 BUSD
Tether BEP20 USDT
DAI DAI
DAI BEP20 DAI
Binance USD BEP20 BUSD
TrueUSD BEP20 TUSD
USDCoin BEP20 USDC
Paxos BEP20 USDP
Tether SOL USDT
USDCoin SOL USDC
USDCOLD TRC20 USDC
Tether POLYGON USDT
USDCoin POLYGON USDC
Tether ARBITRUM USDT
Tether TON USDT
Tether OPTIMISM USDT
Tether Avalanche C-Chain USDT
USDCoin Arbitrum One USDC
USDCoin OPTIMISM USDC
ATM QR-code THB
Volet.com (ex. Advanced Cash) RUB
Payeer RUB
Payeer USD
Neteller USD
Skrill USD
Volet.com (ex. Advanced Cash) USD
Payeer EUR
Volet.com (ex. Advanced Cash) EUR
Skrill EUR
Alipay CNY
WeChat CNY
Neteller EUR
Payoneer USD
Payoneer EUR
BLIK PLN
M10 AZN
Monero XMR
Cronos CRO
Tron TRX
Cardano ADA
Litecoin LTC
Cosmos ATOM
Ripple XRP
Bitcoin Cash BCH
Ethereum Classic ETC
Dogecoin DOGE
Dash DASH
Polkadot DOT
Neo NEO
EOS EOS
IOTA IOTA
Polygon POL
Stellar XLM
Waves WAVES
Shiba Inu SHIB
0x ZRX
Terra LUNA
Solana SOL
Qtum QTUM
Tezos XTZ
Everscale EVER
The Graph GRT
Near NEAR
Ripple BEP20 (BSC) XRP
Litecoin BEP20 (BSC) LTC
Uniswap UNI
Binance Coin BEP20 (BSC) BNB
Bitcoin Cash BEP20 BCH
Cardano BEP20 ADA
Stellar BEP20 XLM
EOS BEP20 EOS
Uniswap BEP20 UNI
Tron BEP20 TRX
Tezos BEP20 XTZ
IOTA BEP20 IOTA
Cosmos BEP20 ATOM
Zcash BEP20 ZEC
Ethereum Classic BEP20 ETC
Dogecoin BEP20 DOGE
Near BEP20 NEAR
Terra ERC20 LUNA
Polkadot BEP20 DOT
Polygon BEP20 POL
Shiba Inu BEP20 SHIB
Algorand ALGO
PancakeSwap CAKE
Maker BEP20 (BSC) MKR
Avalanche AVAX
Avalanche BEP20 AVAX
Decentraland MANA
TON TON
Notcoin NOT
Aptos APT
Optimism OP
Arbitrum ARB
Maker MKR
Official Trump TRUMP
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Network fee 15 DAI  (15 $)
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Have questions? Find answers in our big FAQ about cash

How cash is exchanged, office opening hours, minimum and maximum amount, whether the rate is fixed, whether you can pay in the office, exchange old-style dollars, exchange in favor of third parties, delivery men, find out the address of the office, how to understand that I am being cheated, save money from inflation, AML-check and many other answers to your questions.

Read the FAQ about cash →
We do AML checks on the funds we receive. Please read our AML policy carefully before paying for order.
Instructions: Exchange Cash EUR to DAI DAI
To make the exchange you need to perform the following steps:
1.
Contact a cash manager via Telegram or chat on the website. He will advise on all questions.
2.
Agree a convenient for you time of exchange in the office.
3.
Create an order on the site by filling out the form above ↑. Do not pay for the order before consulting with a manager.
4.
It takes 20-60 minutes to process a request for cash exchange. If the exchange is for currencies that take more than an hour to receive, the processing time is increased by this period.
i.
Fixing of the cryptocurrency rate is made at the rate of the Binance exchange upon crediting of funds to the balance of the exchange account. For Bitcoin the operation is considered completed when the transaction receives 3 confirmations, for Ethereum - 25 network confirmations. When exchanging other cryptocurrencies - after they are credited to the balance of the exchange account.
i.
The exchange rate is not fixed in the order and may change if the cryptocurrency rate on the Binance exchange changes by more than 0.2% from the moment the order is created to the moment the payment is completed. Also, the exchange rate depends on the markup of our service, which changes depending on the current supply and demand.
i.
A passport is required to issue a pass to the office.

More about currencies

Cash EUR

Introduction to Cash EUR Transactions

Using cash in euros (EUR) remains a common method of financial transfer, especially in face-to-face transactions, small business dealings, and situations requiring anonymous payments. Cash provides immediacy, simplicity, and tangible proof of exchange. However, increasing regulatory oversight and evolving digital alternatives have shaped the landscape of cash transactions, necessitating a thorough understanding of transfer scenarios, legal limitations, available alternatives, and safety measures.

Typical Transfer Scenarios with Cash EUR

Cash transactions in EUR are versatile and widely used across various contexts: - Personal Payments: Splitting bills, gifting, or family transfers often involve cash, especially for small amounts or in regions where electronic banking is less accessible. - Business Transactions: Retailers, markets, and service providers frequently accept cash, facilitating day-to-day commerce without electronic intermediaries. - Real Estate and Cash Deals: Some property transactions or high-value asset sales may involve significant cash exchanges, sometimes to avoid banking fees or for quick settlement. - Informal Trading and Peer-to-Peer Payments: Transactions between friends, neighbors, or informal vendors often rely on cash for convenience. - International Cash Transfers: While less common due to logistical challenges, cash can be physically carried across borders, subject to customs and legal restrictions.

Limits and Regulations on Cash EUR Transactions

Many countries impose limits and reporting obligations on cash payments to combat money laundering, fraud, and tax evasion: - Transaction Limits: While thresholds vary by country, common limits range from €3,000 to €10,000 per transaction or per month. For example, in the EU, transactions over €10,000 must be reported to authorities. - Reporting Requirements: Cash payments above certain thresholds require formal declarations to financial or customs authorities, often accompanied by identification. - Know Your Customer (KYC) Laws: Businesses accepting cash must verify identities, especially for transactions approaching legal thresholds. - Restrictions for Non-Residents: Some jurisdictions restrict or scrutinize large cash transactions involving non-residents to prevent illicit activities. - Legal Implications: Engaging in cash transactions below legal limits is legal, but attempting to evade reporting through structuring or splitting payments can lead to criminal charges. Legal considerations are fundamental to ensure compliant use of cash: - Anti-Money Laundering (AML) Compliance: Authorities monitor large cash transactions for AML purposes. Non-compliance can lead to fines or asset seizures. - Tax Regulations: Income received in cash must be accurately reported for taxation. Failure to declare cash income can result in penalties. - Illegal Activities: Using cash to facilitate illegal acts, such as tax evasion, drug trafficking, or bribery, is criminal and punishable by law. - Recordkeeping: Both individuals and businesses should keep receipts, invoices, or signed agreements for cash transactions to provide proof if necessary.

Alternatives to Cash EUR Transfers

While cash remains relevant, digital and electronic alternatives are increasingly prevalent: - Bank Transfers & SEPA Payments: Efficient for domestic and cross-border transfers, offering speed, security, and traceability. - Digital Wallets: Services like PayPal, Revolut, or TransferWise facilitate instant, registered payments with lower limits and enhanced security. - Cryptocurrencies: Digital currencies like Bitcoin and Ethereum enable fast, borderless transfers, though regulatory status varies and volatility is a concern. - Mobile Payment Apps: Apple Pay, Google Pay, and similar services provide contactless payments with added security features. - Prepaid Cards and Vouchers: Useful for controlled, semi-anonymous transactions, especially in situations where cash use is restricted.

Security and Safety Tips for Handling Cash EUR

Handling substantial amounts of cash demands vigilant safety practices: - Secure Storage: Use safes or locked containers, especially when storing cash for longer durations. - Minimize Carrying Large Cash Amounts: Carry only what is necessary; avoid displaying large sums publicly. - Use Discreet Transactions: Conduct cash exchanges privately to avoid theft or fraud. - Get and Keep Documentation: Always obtain receipts and document the purpose and amount of cash transactions. - Be Alert to Counterfeit Notes: Familiarize yourself with security features of EUR banknotes to prevent acceptance of counterfeit currency. - Plan for Safe Transport: Use secure routes, trusted couriers, or bank deposits for transferring large sums. - Report Loss or Theft: Immediately inform authorities if cash is stolen or lost to mitigate misuse.

Conclusion: Balancing Convenience and Risks of Cash EUR

Cash transactions in EUR continue to serve vital roles in specific scenarios, providing immediacy and privacy. However, awareness of legal restrictions, security risks, and available alternatives is essential for compliant and safe usage. Embracing digital payment solutions where appropriate enhances safety and efficiency, while responsible handling of cash minimizes potential losses or legal complications. As regulations evolve, staying informed ensures that cash remains a practical, secure, and lawful means of financial transfer.

DAI DAI

Introduction to DAI: The Stablecoin Revolution

In the rapidly evolving landscape of digital finance, stablecoins have emerged as a pivotal innovation. Among them, DAI stands out as a unique decentralized stablecoin that combines the stability of traditional currencies with the transparency and security of blockchain technology. Launched by the MakerDAO protocol in 2017, DAI aims to provide users with a reliable store of value and medium of exchange without the volatility often associated with cryptocurrencies like Bitcoin or Ethereum.

Key Characteristics of DAI

Decentralization: Unlike centralized stablecoins issued by single entities, DAI operates on a decentralized platform, ensuring that control is distributed across the community and smart contracts.
Stability: DAI maintains a soft peg to the US dollar, targeting a 1:1 value, facilitated through automated mechanisms.
Collateral-backed: It is backed by a diversified pool of crypto assets stored in MakerDAO's collateralized debt positions (CDPs).
Transparency: All transactions and collateral holdings are publicly recorded on the Ethereum blockchain, ensuring full visibility.

Types of Stablecoins and DAI's Unique Position

Stablecoins broadly fall into three categories: fiat-collateralized, crypto-collateralized, and algorithmic.
Fiat-collateralized stablecoins are backed by reserves of fiat currencies (e.g., US dollar reserves backing USDC).
Crypto-collateralized, like DAI, are backed by cryptocurrencies rather than fiat.
Algorithmic stablecoins rely on algorithms and smart contracts to control supply, maintaining peg through supply adjustments.
DAI uniquely blends the crypto-collateralized model with decentralized governance, making it distinct in its class.

Working Principle of DAI

The functioning of DAI hinges on a system of smart contracts within MakerDAO. Users generate DAI by locking up crypto assets (like ETH) as collateral in a Collateralized Debt Position (CDP). When a user deposits collateral, they can generate DAI up to a certain ratio. If the value of the collateral dips below a specified threshold, liquidation mechanisms are triggered, ensuring that DAI remains backed at all times. Market fluctuations and supply-demand dynamics influence DAI's stability, but the system's automated collateral management and stability fee mechanisms help maintain its peg.

Benefits of Using DAI

  • Decentralization: No central issuer, reducing the risk of censorship or centralized control.
  • Stability and Reliability: Close tracking of the US dollar, providing a safe haven amid crypto volatility.
  • Transparency: On-chain transactions and collateral holdings are fully visible.
  • Accessibility: Enables anyone with an internet connection to generate stablecoins without traditional banking hurdles.
  • Integration: Widely compatible with DeFi platforms for lending, borrowing, and trading activities.

Risks Associated with DAI

Despite its innovative design, DAI carries certain risks:

  • Collateral Volatility: Fluctuations in the price of collateral assets can lead to liquidations, affecting stability.
  • Systemic Risks: Failures or vulnerabilities within MakerDAO's smart contracts could impact DAI's peg.
  • Regulatory Uncertainty: Evolving regulations on cryptocurrencies and stablecoins may pose challenges in certain jurisdictions.
  • Liquidity Risk: Large-scale market movements could impact DAI's usability in certain contexts.

As a decentralized entity, DAI operates in a gray area within traditional regulatory frameworks. While some jurisdictions may treat DAI as a commodity or digital asset, others are exploring specific rules for stablecoins and DeFi platforms. Agencies worldwide are scrutinizing stablecoin issuance, especially regarding anti-money laundering (AML) and know-your-customer (KYC) requirements. Developers and users must stay informed about legal changes that could impact DAI's operation or acceptance.

Use Cases of DAI

DAI's versatility makes it suitable for various applications:

  • Decentralized Finance (DeFi): Used for lending, borrowing, yield farming, and liquidity provisioning on numerous platforms like Compound, Aave, and Uniswap.
  • Remittances and Payments: Facilitates fast, borderless transfers without reliance on traditional banking systems.
  • Hedging and Risk Management: Serves as a stable store of value in volatile crypto markets.
  • Collateral for Smart Contracts: Provides a reliable collateral asset for various DeFi applications, enabling complex financial arrangements.

The Future of DAI

The trajectory of DAI looks promising, with ongoing developments aimed at improving scalability, stability, and integration. Innovations such as multi-collateral DAI, expanded collateral types, and improved governance mechanisms are under active development. As DeFi becomes more mainstream, DAI's role as a decentralized, reliable stablecoin is expected to grow, potentially influencing traditional finance systems and inspiring new economic models.

Conclusion: Embracing a Decentralized Stable Future

DAI represents a significant step toward decentralized, transparent, and censorship-resistant finance. Its innovative use of smart contracts, collateralization, and community governance sets it apart from traditional stablecoins. While risks and regulatory uncertainties remain, its broad adoption across DeFi platforms and use cases signals a pivotal shift in how we perceive stability and trust in the digital economy. As technology and regulations evolve, DAI's role in shaping the future of finance is poised to expand, fostering greater financial inclusion and innovation worldwide.