Exchange DAI BEP20 DAI to Tezos XTZ

You give DAI BEP20 DAI
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More trading pairs
BEP20    Binance Smart Chain
Minimum amount 300 DAI  (300.18 $)
Network
Amount
E-mail
You get Tezos XTZ
Bitcoin BTC
Ethereum ETH
Monero XMR
Cronos CRO
Tron TRX
Cardano ADA
Litecoin LTC
Cosmos ATOM
Ripple XRP
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EOS EOS
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0x ZRX
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Tezos XTZ
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Near NEAR
Bitcoin BEP20 BTC
Ethereum BEP20 (BSC) ETH
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Uniswap UNI
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DAI DAI
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Alfa-Bank RUB
Sberbank RUB
T-Bank (Tinkoff) RUB
Raiffeisen RUB
Faster Payments System RUB
Openbank RUB
Avangard RUB
Russian Standart RUB
VTB RUB
Gazprombank RUB
MKB RUB
MTS Bank RUB
Post Bank RUB
Promsvyazbank RUB
RNCB RUB
RSHB RUB
Sovcombank RUB
Rosbank RUB
Home credit RUB
Kukuruza RUB
Mir Card RUB
Business account RUB
Visa / MasterCard RUB
UnionPay Card RUB
Company account RUB
YooMoney RUB
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More trading pairs
XTZ    Tezos
Network fee 0.5 XTZ  (0.33 $)
BEP20    Binance Smart Chain
No fee
Network
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I consent to the processing of my personal data and accept the terms of User Agreement.
We do AML checks on the funds we receive. Please read our AML policy carefully before paying for order.
Be careful! We do not accept funds from the following exchanges: Garantex, CommEx. Funds sent from these exchanges will be lost with no possibility of recovery.
Instructions: Exchange DAI BEP20 DAI to Tezos XTZ
To make the exchange you need to perform the following steps:
1.
Fill out all the fields in the form above ↑.
2.
Read our the Terms of Service, and if you accept them, check the appropriate box.
3.
Please read and accept the User Agreement and agree to the processing of your personal information by checking the appropriate box.
4.
Press the "Start Exchange" button.
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When paying for an order, make sure you are not sending funds from a contract wallet. Such funds will not be credited to our account.
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The rate is fixed when the order is created and the customer has paid within 30 minutes after creation. If payment is not received within 30 minutes → the order is automatically deleted (payment of the order → 2 confirmation of the transaction in the DAI BEP20 network).
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If the exchange rate of the received or given asset to the dollar on Binance changes by more than 5%, the service reserves the right to recalculate the exchange rate at the time of receipt of payment.
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The processing of your order begins immediately after 2 confirmations of the payment transaction in the DAI BEP20 network and crediting the balance of the payment platform / exchange. If within 30 minutes after the creation of the order transaction does not receive 2 confirmations, the service reserves the right to recalculate the rate according to the Binance at the time of their be received (if the operator online). If at the time of receive of the 2 confirmation the operator is offline, the service reserves the right to recalculate the rate at the time of resumption of the operator (according to work schedule).
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If a transaction sent by you as a payment for an order is marked by the payment platform/exchange as a "deposit from Dark Market" or a "suspicious transaction" → processing of the order is suspended until the incident is resolved and may require the customer to verify (KYC).
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By making this exchange, you automatically agree to all its terms and conditions.
5.
Pay the order by transferring the exact amount to the credentials specified in the description.
6.
After making the payment → click the "I have paid" button.
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If the client has paid the order, but due to circumstances wants to cancel the exchange, the return of funds is minus 5% of the payment amount + commission within the payment system and the difference in the exchange rate.
7.
Wait for the transfer of funds from the service to the credentials you specified. All information and transfer status can be viewed on the page "Status of the request", which opens immediately after order was created.
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Note: The operator online status is required to perform the exchange (operator status is listed in the bottom right corner of the page). If you have any questions, please contact the operator with the Chat in the bottom right corner or at the addresses listed on the Contacts page.
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The value specified in the field "Amount (including PS fee)" is approximate and may differ from the fee charged by payment system. Check the exact amount of transaction fee from the support service of the payment system.

More about currencies

DAI BEP20 DAI

Introduction

The world of cryptocurrency has rapidly evolved, introducing various digital assets designed to offer stability amidst the volatility of traditional cryptocurrencies. Among these, DAI BEP20 DAI stands out as a decentralized stablecoin built on the Binance Smart Chain (BSC). Its primary goal is to combine the stability of traditional fiat currencies with the advantages of blockchain technology, providing users with an efficient, transparent, and censorship-resistant digital dollar.

Key Characteristics of DAI BEP20 DAI

Decentralization: DAI operates without a central authority, relying on smart contracts and community governance to maintain its stability.

Collateralized Debt Position (CDP): It is backed by a diversified collateral portfolio of cryptocurrencies locked within smart contracts.

Stability Mechanism: Designed to maintain a 1:1 peg with the US dollar, DAI uses over-collateralization and liquidation mechanisms to retain its value.

Compatibility with BSC: As a BEP20 token, DAI seamlessly integrates into the Binance Smart Chain ecosystem, enabling faster transactions and lower fees compared to Ethereum-based alternatives.

Transparency: All transactions and smart contract rules are publicly verifiable on the blockchain, ensuring trustlessness and openness.

Types of DAI

While DAI BEP20 is a standard version adapted for Binance Smart Chain, there's also the original Ethereum-based DAI. Both share core principles but differ in network specifics.

Other variations include:

  • Wrapped DAI (wDAI): Represents DAI on different blockchains, allowing cross-chain interoperability.
  • Collateralized DAI: The core type, backed by cryptocurrencies like ETH, BAT, or other supported assets.

Working Principle of DAI BEP20 DAI

The operation of DAI centers around smart contracts on the Binance Smart Chain:

  • Collateral Locking: Users deposit supported cryptocurrencies into a vault smart contract to generate DAI.
  • Debt Creation: Once collateral is deposited, users can mint DAI up to a specified collateralization ratio.
  • Debt Repayment & Collateral Release: To retrieve collateral, users repay the DAI they minted, closing their debt position.
  • Stability Mechanism: If collateral value drops below a threshold, liquidation occurs to maintain the system’s stability.

This seamless process ensures that each DAI in circulation is backed by sufficient collateral, preserving its peg with the USD.

Benefits of DAI BEP20 DAI

Fast and Low-Cost Transactions: Operating on the Binance Smart Chain means users enjoy quicker transaction speeds and lower fees.

Decentralization and Trustlessness: No central entity controls DAI, reducing censorship and single points of failure.

Interoperability: BEP20 standard allows easy transfer across various BSC-compatible platforms, wallets, and decentralized applications.

Stability: Through multi-collateral backing and algorithmic mechanisms, DAI aims to maintain a stable value aligned with the US dollar.

Use in DeFi: DAI is widely used in decentralized finance for lending, borrowing, staking, and liquidity provision, offering users versatile financial services.

Risks of DAI BEP20 DAI

While DAI offers numerous benefits, risks are inherent:

  • Collateral Volatility: The value of cryptocurrencies backing DAI can fluctuate sharply, risking under-collateralization.
  • Smart Contract Vulnerabilities: Bugs or exploits in the underlying code can jeopardize funds or system stability.
  • Market Liquidity Risks: Sudden market downturns could impact DAI’s peg and availability.
  • Regulatory Uncertainty: As regulators scrutinize stablecoins, potential legal changes could impact their use or legality.

Regulation of DAI BEP20 DAI

Being a decentralized stablecoin, DAI faces a complex regulatory landscape:

Decentralization and Legal Status: Its decentralized design complicates regulation, as there is no central issuer to target.

Potential Regulatory Risks: Governments may classify stablecoins under existing financial laws, impose restrictions, or demand compliance measures.

Global Variability: Regulations differ across jurisdictions, affecting user access and legal acceptance.

Use Cases of DAI BEP20 DAI

Payments and Remittances: DAI provides a fast, low-cost method to send funds globally.

Decentralized Finance (DeFi): DAI serves as collateral, a trading pair, or a stable store of value in numerous DeFi protocols.

Hedging and Arbitrage: Traders use DAI to hedge against volatility or capitalize on price discrepancies across exchanges.

Token Swaps and Liquidity Pools: DAI is a popular stablecoin for liquidity provision in decentralized exchanges like PancakeSwap on BSC.

The Future of DAI BEP20 DAI

Looking ahead, DAI’s development is poised to evolve with improvements in stability mechanisms, cross-chain interoperability, and adoption within the decentralized finance ecosystem. Innovations like multi-chain DAI, integration with various blockchain platforms, and enhanced governance models are expected to broaden its utility and robustness. However, ongoing regulatory developments and market dynamics will significantly influence its trajectory.

Conclusion

DAI BEP20 DAI exemplifies the growing trend of stablecoins leveraging blockchain technology to provide stability, transparency, and accessibility in digital finance. Its decentralized nature, integration on the Binance Smart Chain, and broad ecosystem use cases make it a vital component of the decentralized financial landscape. Nonetheless, users should remain aware of potential risks and regulatory developments that could impact its functionality and adoption. As the crypto space continues to mature, DAI’s role as a reliable stable digital dollar looks set to expand, fostering greater trust and innovation in decentralized finance.


Tezos XTZ

Introduction to Tezos (XTZ)

Tezos (XTZ) is a groundbreaking blockchain platform designed to support smart contracts and decentralized applications (dApps). Launched in 2018, Tezos has quickly established itself as a versatile and innovative blockchain solution. What sets Tezos apart is its self-amending protocol, which allows the network to upgrade itself without the need for contentious hard forks. This adaptability makes Tezos a compelling choice for developers, investors, and organizations seeking a secure and sustainable blockchain ecosystem.

Technical Fundamentals of Tezos

At its core, Tezos relies on a robust blockchain architecture, based on a proof-of-stake (PoS) consensus mechanism called Liquid Proof-of-Stake (LPoS). This ensures network security while maintaining energy efficiency. The cryptography underpinning Tezos employs advanced algorithms to secure transactions and validate blocks, ensuring integrity and confidentiality across the network.

One of Tezos' key technical features is its support for smart contracts. These self-executing contracts are written in Michelson, a domain-specific language optimized for formal verification. The emphasis on formal verification means that smart contracts can be mathematically proven to be free of bugs or vulnerabilities before deployment, greatly enhancing security and reliability.

Furthermore, the on-chain governance mechanism allows stakeholders to propose and vote on protocol upgrades, effectively enabling the blockchain to evolve organically while preserving consensus and stability. This innovative approach addresses one of the longstanding challenges in blockchain development—hard forks—by facilitating seamless protocol enhancements.

Applied Aspects of Tezos

In practical terms, Tezos is used across various sectors. Its payment capabilities are progressing as more merchants and platforms adopt cryptocurrencies, although mainstream use is still evolving. The platform's DeFi (Decentralized Finance) ecosystem is expanding, with projects such as lending protocols, decentralized exchanges, and stablecoins building on Tezos' secure foundation.

Regarding regulation, Tezos offers features that make compliance more manageable. Its on-chain governance model fosters transparency and community participation, aligning with growing demands for regulatory adherence in the digital asset space. Several projects on Tezos aim to bridge traditional finance and blockchain, emphasizing compliance and security.

Security remains a critical focus for Tezos. Its formal verification tools and blame-proof consensus mechanism significantly reduce the risk of exploits and vulnerabilities. The platform’s governance system also enables a responsive approach to security issues, allowing stakeholders to upgrade protocols swiftly to patch bugs or enhance features.

Future Outlook of Tezos

Looking ahead, Tezos has the potential to become a major player in the blockchain realm. Its adaptive governance model positions it well to integrate emerging technologies and react swiftly to changing regulatory landscapes. The expanding DeFi ecosystem and increasing adoption among institutional players could catalyze growth, making XTZ a more prominent digital asset.

Innovations such as interoperability with other blockchains and layer 2 scaling solutions are under development, aimed at improving performance and user experience. The focus on formal verification and security will likely attract enterprise-grade applications seeking trustworthy blockchain infrastructure.

Furthermore, ongoing partnerships and collaborations in sectors like supply chain, identity, and finance suggest a bright horizon for Tezos, emphasizing its versatility and commitment to sustainability and innovation.

Conclusion

In summary, Tezos (XTZ) offers a sophisticated, secure, and adaptable blockchain platform that addresses many of the challenges faced by earlier blockchain networks. Its unique features—including self-amendment, formal verification, and on-chain governance—make it a strong contender for future blockchain development. As the ecosystem continues to grow and evolve, Tezos has the potential to influence the direction of decentralized technology and finance, paving the way for a more secure, compliant, and innovative digital economy.