Post
Topic
Board Speculation (Altcoins)
Re: The best website to convert usd tether to makerdao dai or sai stablecoins?
by
DaMut
on 13/12/2019, 11:44:49 UTC
dex ? no never used
sorry for the late answer, dex is an exchange that allows you to trade your assets without doing the kyc. it works the same as a market where the seller and the buyer meet directly, that is why they are required you to connect your wallet because your wallet will be used as a base for your transaction. or you can try to read this article https://coincenter.org/entry/what-is-a-decentralized-exchange to know about it in detail.


SAI is a single collateral DAI coin

DAI is a multi collateral DAI coin

Both are different.
Yes, they are different as I've looked into CMC. I don't know the history of it but there's this message that appears on SAI and DAi on CMC. And I've found this blog: Single-Collateral Dai to Multi-Collateral Dai Upgrade Timeline and Actions

Anyway, I still have one question for op that he didn't answered which is both are stable coins. What does DAI/SAI offers if USDT is already a stable coin?

both of them are the same, they are part of maker dao.